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Production Ramp Up: Apple Plans To Roll Out More iPhones According To Supplier Report
Tuesday, December 15, 2020 - 11:09am | 2746Given the many challenges endured this year, it seems only fitting that it should wind to a close amid uncertainty and caution. That seems to be where we are this week. As several recurring themes—stimulus, Fed policy, virus cases and the impending rollout of a vaccine—come to a head....
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Stock Market Recap For the Week Of 12/7/2020: IPOs, Vaccines & Facebook Lawsuit
Monday, December 14, 2020 - 1:21pm | 1279Although the previous week was light in terms of earnings, it was everything but light in other areas. Namely, AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) had their long-awaited public debuts. The UK started rolling out the COVID-19 vaccine by Pfizer Inc. (NYSE: PFE) and BioNTech...
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Affirm Holdings Becomes 2nd Company This Weekend To Delay Initial Public Offering
Sunday, December 13, 2020 - 1:48pm | 376Affirm Holdings Inc. has become the latest company to put off its IPO until the next year. What Happened: The Wall Street Journal reported that the fintech startup has decided to postpone its IPO until next year — January at the earliest — according to a source familiar with...
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Barron's Picks And Pans Of The Week: Time Is Ripe To Sell NIO, XPeng, Li; And Lessons From The IPO Frenzy
Sunday, December 13, 2020 - 8:37am | 1099This weekend's Barron's cover story makes a case for taking profits on Chinese electric vehicle makers. Other featured articles examine who is hurt if Chinese companies are delisted, an outlook for the markets and money management trends, and lessons from a crazy week in IPOs. Also, the...
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Early Airbnb Investor: 'It's A Very Exciting Time'
Thursday, December 10, 2020 - 11:42am | 367Airbnb's initial public offering comes a day after DoorDash Inc's (NYSE: DASH) successful offering, but investors shouldn't come to expect a similar 80% gain on day one, according to Tim Ringel, an early Airbnb investor and Global CEO of Spring Studios. No Big Gains On Day One? It...
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DoorDash's Valuation Already Raising Some Eyebrows
Wednesday, December 9, 2020 - 4:21pm | 532One of the most highly anticipated IPOs of 2020 hit the ground running Wednesday, but DoorDash's eye-popping valuation out of the gate is already raising some eyebrows. What Happened? Food delivery service DoorDash Inc (NYSE: DASH) priced its IPO shares at $102 on Tuesday night, above the...
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Gene Munster On What DoorDash, Airbnb IPOs Mean For FAANG Stocks
Monday, December 7, 2020 - 4:26pm | 488Two high-profile initial public offerings will take place in the near-term, as DoorDash and Airbnb are set to become public companies by the end of the year. This could impact how investors look at FAANG stocks, according to Loup Ventures' Gene Munster. What Happened: DoorDash and Airbnb...
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IPO Outlook For The Week: Airbnb, DoorDash Lead Highly Anticipated Week
Sunday, December 6, 2020 - 11:43am | 1155The highly anticipated debuts of Airbnb and DoorDash are among the seven IPOs markets could see this coming week. Airbnb: Vacation rental company Airbnb is scheduled to go public on Thursday, Dec. 10 under the Nasdaq ticker symbol ABNB. The company plans to sell 51.9 million shares at a price...
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6 IPOs To Watch In December: Airbnb, DoorDash And More
Thursday, December 3, 2020 - 1:01pm | 1270The 2020 IPO market could end with a big bang, with several high-profile names scheduled to offer shares during December. Other companies have not confirmed dates, but could try to complete IPOs before the end of the year. Affirm: Fintech company Affirm (NASDAQ: AFRM) filed for an IPO...
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IPO News: Airbnb Finally Files To Go Public
Tuesday, November 17, 2020 - 12:51pm | 1032The previous year brought us some big news in the world of initial public offerings, like Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT), and Beyond Meat Inc (NASDAQ: BYND). Even though 2020 is drastically different than any other year in modern history due to...
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Airbnb Lays Anti-Competition Allegations Against Google In IPO Filing
Tuesday, November 17, 2020 - 3:02am | 430Airbnb, Inc said in a regulatory filing on Monday that Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google had disadvantaged it by denying it internet traffic. What Happened: The vacation home-rental company in its S-1 filing with the U.S. Securities and Exchange Commission for an initial...
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Fintech Focus For November 17, 2020
Monday, November 16, 2020 - 7:48pm | 2009Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...
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Airbnb IPO Filing: 5 Key Takeaways Investors Need To Know
Monday, November 16, 2020 - 6:50pm | 415One of the highly anticipated IPOs in recent years could happen soon as Airbnb filed its S-1 on Monday. Here is an early look at the key facts and figures for Airbnb, which will list on the Nasdaq with symbol ABNB. 1. Large Customer/Host Base: Airbnb has over 4 million hosts around the world...
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Seth Klarman Bets Big On Bill Ackman, Other SPACs
Monday, November 16, 2020 - 4:00pm | 356Hedge fund manager Seth Klarman revealed several investments in SPACs during the third quarter, including a big bet on the largest SPAC from Bill Ackman. What Happened: A 13F filing from the third quarter reveals Klarman's Baupost Fund took a new 17.5 million-share stake in Pershing Square...
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Airbnb Could Join Europe's 'Gatekeeper' List Alongside Google And Amazon: FT
Monday, November 9, 2020 - 1:27am | 457Airbnb Inc could face headwinds in Europe with its potential inclusion as a “gatekeeper” portal under the new Digital Markets Act, the Financial Times reported Sunday. The European authorities are still deliberating over the internet regulation guidelines and the list of...