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Argo Blockchain Boosts Bitcoin Mining Production By 14% In January
Wednesday, February 8, 2023 - 1:55pm | 319Argo Blockchain (NASDAQ: ARBK) reported an 14% increase in its Bitcoin (CRYPTO: BTC) mining production for the month of January, producing 168 Bitcoin compared to 147 Bitcoin in December 2022. The London Stock Exchange-listed company attributed the increase to fewer curtailment hours in...
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The Past Week's Notable Insider Buys: Chipotle, Krispy Kreme, Petco Health And More
Saturday, September 11, 2021 - 1:21pm | 980Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Some insiders were making return trips to the buy window last week. Some chief executives were adding to their stakes as well. Conventional wisdom says that insiders and 10%...
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Urban-Gro Eyes European Expansion After Raising $62M On Heels Of Nasdaq IPO
Thursday, February 18, 2021 - 11:49am | 269Marijuana grow facility designer Urban-Gro (OTCQX: UGRO) has raised $62 million to boost expansion to the European CEA market. Proceeds will also go toward general corporate purposes, potential investments and acquisitions, and repayment of debt obligations, the Vancouver, British Columbia-based...
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Agrify Poised To Raise An Additional $75M In Financing
Wednesday, February 17, 2021 - 12:05pm | 369Agrify Corp. (NASDAQ: AGFY) has secured roughly $75 million in financing through an underwritten public offering of its shares. The Burlington, Massachusetts-based company opted to sell additional shares of its common stock — more than 5.5 million — at $13.5 per share. The...
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Snowflake Prices IPO Above Indicated Range To Raise $3.4B
Tuesday, September 15, 2020 - 10:43pm | 329Snowflake Inc. (NYSE: SNOW) has raised about $3.4 billion in its initial public offering, according to several reports Tuesday. What Happened: The cloud-based software startup has sold 28 million shares priced at $120 each, the Financial Times reported.The IPO values Snowflake at about $33.3...
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Tencent Music's IPO: What You Need To Know
Thursday, December 13, 2018 - 10:49am | 439The Chinese music streaming company Tencent Music Entertainment Group (NYSE: TME) began trading on the New York Stock Exchange Wednesday. The Details Tencent has become the largest online music entertainment platform in China. The service caters to over 800 million monthly active users...
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China Plans To Ban Bitcoin Trading, Initial Coin Offerings Even As Fintech Adoption Thrives
Tuesday, September 12, 2017 - 8:46am | 644From a ban on initial coin offerings to an impending shutdown of bitcoin exchanges, China’s cracking down on cryptocurrency. And while its fintech scene thrives as a leader in global finance, the latest regulatory changes may limit the growth of an industry already seeking capital from...
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This Week's Pharma, Energy IPOs
Monday, August 7, 2017 - 12:32pm | 248It’s another light week for initial public offerings. Only three companies will debut in the public markets, joining expanding cohorts of pharmaceutical and energy players. Zealand Pharma A/S (ZEAL) will issue 3.9 million shares at $19.30 Wednesday on the Nasdaq. With a portfolio of products...
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Hostess Brands Set To Go Public In The Third Quarter
Tuesday, July 5, 2016 - 10:46am | 251Hostess Brands, best known for its popular and iconic "Twinkies" snack brand, said on Tuesday it has decided to go public and list its shares on a stock exchange just two years after emerging from bankruptcy. Hostess Brands emerged from bankruptcy in 2013 and streamlined its production through...
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IPO Lookout: Busy Week Brings The Biggest IPO Since Facebook
Monday, July 28, 2014 - 3:50pm | 1492This should be a big week for initial public offerings, with 23 new issues on the docket, including Synchrony Financial (NYSE: SYF), the biggest IPO since Facebook (NASDAQ: FB). Founded in 1932, Synchrony Financial is one of the largest consumer credit lenders in the United States. Through a...
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IPO Lookout: IPOs Up Double Digits On The Week
Friday, June 20, 2014 - 4:09pm | 818It's been a busy week, with 12 initial public offerings priced and opened -- including the fifth-largest IPO of 2014. As the stock market pushed on to new highs, IPO investors continued their recent success, picking up another 10 percent, even with a couple of pain-causing IPOs. Winners...
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Twitter Finally Warms Up To Wall Street
Wednesday, June 18, 2014 - 3:58pm | 753Sometimes Wall Street analysts get it wrong, but sometimes they get it right. On many occasions, analysts chase the price of an issue by raising its price targets until they find the top. However, this was not necessarily the case with Twitter (NYSE: TWTR) off its IPO in November. Many...
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An Alibaba IPO Will Shake Up E-Commerce
Thursday, April 17, 2014 - 10:28am | 629Alibaba.com is big. From a transaction volume standpoint, $240 billion big, according to Wall Street Journal sources. That’s twice the size of Amazon (NASDAQ: AMZN) and three times the size of eBay (NASDAQ: EBAY). From a revenue perspective, however, Alibaba’s nearly $8 billion in 2013 revenue...
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Dropbox Continues Its March Towards An IPO, With Carousel Launch
Thursday, April 10, 2014 - 4:20pm | 550Privately-owned Dropbox isn’t on the stock exchanges, yet. But with each new move, the company seems to be heading in the direction of an initial public offering. Most recently it unveiled Carousel, a product designed to store and manage your photos and videos. The app incorporates features...
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IPO Lookout: IPOs For The Week Of April 7, 2014
Monday, April 7, 2014 - 4:14pm | 833On pace with the preceding weeks, the week of April 7 looks to launch 12 IPOs, plus the delayed Scynexis (NASDAQ: SCYX) IPO from last week. Using the IPO price ranges as a guide, this week's companies are looking to raise roughly $4.6 billion dollars. Ally Financial (NYSE: ALLY-B) is the...