Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership.
Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership
In other news, man perpetually blurry in photos vows revenge.
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Florida police intercept 87 pounds of marijuana at UPS facilityTwo Florida men were arrested on charges of trafficking in cannabis and importation of marijuana after police intercepted 87 pounds of the drug at a UPS. Cartels will give Biden a call really soon 🤦♂️ not guilty. 👩⚖️ next case… Legalize it. Ridiculous
Source: FoxNews - 🏆 9. / 87 Read more »
Porsche and Instacart are planning blockbuster IPOsVery few companies would voluntarily try to go public in the current stock market. Yet two multi-billion-dollar household names, both of them profitable, are planning blockbuster IPOs right now.
Source: axios - 🏆 302. / 63 Read more »
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?Institutional interest in Grayscale Bitcoin Trust dries further amid a broader crypto market downturn. The biggest underground secret off 1INCH This not warning, it is the red flag BTC will never go nback to ATH unless Greyscales BTC is at a premium🤑 Screenshot this📷
Source: Cointelegraph - 🏆 562. / 51 Read more »
If you're selling stocks because the Fed is hiking interest rates, you may be suffering from 'inflation illusion'Forget everything you think you know about the relationship between interest rates and the stock market. MktwHulbert High interest rates are NOT THE PROBLEM. The VELOCITY of changes ARE the problem. When you are raising rates faster than you allow those rates to circulate through the economy...THAT IS THE PROBLEM. Does ANYONE that writes for financial news agencies understand economics? MktwHulbert No, but I have less money after paying the mortgage to buy them 🤔🤷♂️😂😂 MktwHulbert Yeah, okay. Just like Inflation is good, 🤡
Source: MarketWatch - 🏆 3. / 97 Read more »