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Hertz makes a disappointing debut on Nasdaq

Jonathan Hobbs November 10, 2021

Hertz shares traded below its offering price during its debut on the Nasdaq. On Tuesday, the company shares fell 19.8% to $26.17 following its re-IPO, after initially pricing at $29. Hertz’s Pink Sheets closing price on Monday was $32.62. Hertz Warrants (HTZWW) closed at $16.95, down

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Hertz “re-IPO” to begin on Tuesday

Jonathan Hobbs November 7, 2021

The prospectus indicates that Hertz plans to sell 37.1 million shares at a price of $25 to $29 each. Under the ticker symbol HTZ, the shares will trade on the Nasdaq market. The lead underwriters are Goldman Sachs, J.P. Morgan and Morgan Stanley. Hertz shares are currently listed on the open market under the symbol […]

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Rivian to hit $65 billion in IPO valuation

Jonathan Hobbs November 7, 2021

According to Friday’s securities filing, EV maker Rivian plans to offer 135 million shares priced between $72 and $74. Price range is up from $57 to $62. The listing is to take place Wednesday (local time). If the underwriters exercise the option to purchase an additional 20.25 million shares, the company would be worth over […]

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Tech stocks scored new highs in a mixed session

Jonathan Hobbs November 4, 2021

On Thursday, the stock market ended a mixed session, with tech stocks and the broader market making new highs. Investors absorbed the Federal Reserve’s plan to begin reducing its monetary policy support as the economy recovers. Tesla achieved a new record high above $1200 per share. It helped the Nasdaq set a new record, lifted […]

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U.S. Shares Are On The Rise Today in Trade

Billy Houghton November 4, 2021

U.S. shares are on the rise today in trade. This was following the U.S. Federal Reserve designed an begin that is orderly unwinding its massive stimulus program. Although doubts concerning the inflation perspective did push up longer-dated relationship yields. Expert Projections “Remember that tapering isn’t tightening,” stated Kerry Craig, international

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Central Bank Deliberations Churn Asian Shares Today

Billy Houghton November 2, 2021

Central bank deliberations churn Asian shares today. Stressed investors awaited few key bank comments that could set the tone for danger appetite going into the following year. MSCI‘s gauge of Asia-Pacific stocks outside Japan recovered loss which can be early be 0.8% greater at 0128 GMT. With Japan’s Nikkei edging 0.2% reduced and Australia’s S&P/ASX

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Wall Street opens lower as tech stocks lag

Jonathan Hobbs October 29, 2021

Wall Street: The New York Stock Exchange opened lower on Friday, hurt by disappointing announcements from Apple and Amazon, which illustrate the effects of supply chain tensions on companies. The Dow Jones Industrial Average opened flat at 35,740.28 points. Standard & Poor’s 500 is down 0.28% at 4,583.54 points, while Nasdaq Composite is down 0.51% […]

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Asian Shares Fall After Less-Than-Impressive Earnings

Billy Houghton October 29, 2021

Asian shares fall after less-than impressive earnings on Friday. Amazon (NASDAQ:AMZN) and Apple quarterly profits bucked a recently available movement that is strong. Also, development and inflation worries kept being left to consider. Investors, especially in relationship and foreign currency markets, are quite upset about diverse responses by main banks global to

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The NASDAQ and S&P Rocket to New Highs Before Closing

Billy Houghton October 29, 2021

The NASDAQ and S&P rocket to new highs before closing. Record end-of-day amounts many thanks partly to gains in Apple and Amazon. Meanwhile lasting results from organizations including Caterpillar and Merck helped relieve issues about slowing development that is financial earnings. Following the bell, but, stocks of both Amazon.com Inc. (AMZN.O) and Apple Inc (AAPL.O)

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Wall Street records gains thanks to corporate earnings

Jonathan Hobbs October 26, 2021

Wall Street: Investor optimism on the back of strong corporate earnings boosted the New York Stock Exchange on Tuesday. The Dow Jones and the S&P 500 reached record highs. In early trading, the Dow Jones Industrial Average gained 88.56 points, or 0.25 percent, to 35,829.71 after rising to 35,865.53. As well, the Standard & Poor’s […]

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Hertz makes a disappointing debut on Nasdaq

Hertz “re-IPO” to begin on Tuesday

Rivian to hit $65 billion in IPO valuation

Tech stocks scored new highs in a mixed session

U.S. Shares Are On The Rise Today in Trade

Central Bank Deliberations Churn Asian Shares Today

Wall Street opens lower as tech stocks lag

Asian Shares Fall After Less-Than-Impressive Earnings

The NASDAQ and S&P Rocket to New Highs Before Closing

Wall Street records gains thanks to corporate earnings

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