Shares of Palantir (PLTR) jumped over 30% on a listing day at the New York Stock Exchange. However, a technical glitch on Morgan Stanley’s Shareworks platform prevented company alumni and employees from selling their shares.
Both Palantir and Asana have gone public using the direct listing process instead of the traditional IPO method.
Amid the coronavirus pandemic, gold prices surged significantly this year. This precious metal can be a good choice during periods of instability.
HSBC Hong Kong shares rallied as its largest single stakeholder Ping An bought 10.8 million shares, increasing its stake to 8%.
Spotify CEO has decided to invest his personal wealth into Europe’s tech startup in order to change the narrative of tech advancements in the region.
Robinhood will use the raised capital to support its core product and enhance the customer experience.
While the entire investing terrain seems marred by the COVID-19 pandemic, there are some stocks that still attract investors.
WM Motor is reportedly planning to file for a listing on Shanghai’s Nasdaq-style STAR Market in early 2021.
After Rolls-Royce confirmed plans to raise £2.25 billion ($3.23 billion) through an equity issue, shares fell over 7%. RR is currently down 14%.
Billionaire Richard Branson is going to join the line of investors who have raised millions for blank check companies.
Diginex received an overwhelming 80% shareholder approval for its merger with 8i Enterprises. Digifinex subsidiary EQUOS will be the first crypto exchange to be listed on the Nasdaq index.
GoodRx is going public. The IPO price of its Class A common stock is expected to be between $24.00 and $28.00 per share.
Palantir Technologies is set to get its public listing on the New York Stock Exchange by the end of the month. The firm has chosen the Direct Listing process.
Ming Yuan Cloud Group Holdings Ltd is going to sell up to 374 million shares at a range of HK$15 to HK$16.50 through a Hong Kong IPO.
Santander is rebranding its venture capital arm Santander InnoVentures as Mouro Capital, and doubling its allocated funds from $200m to $400m as fintech investment hots up. Mouro Capital will manage Santander InnoVentures’ existing investments as well as further deepen Santander’s fintech involvement.