KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
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Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
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The legal victory of Qualcomm Inc. in a battle with high stakes with the US government brings up the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth driven by increasing appetite for new 5G handsets. The company stems from what, by most industry …
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The rally in shares in Moderna Inc. jumped through news late Tuesday that the U.S. government ordered 100 million doses of its COVID-19 vaccine candidate on Wednesday as analysts waited for what the order meant for prices. Modern MRNA, + 1.94% is widely regarded as a front-runner in the race …
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Airbnb Inc. is close to submitting to go public in a move that would underscore a surprising handball for the house-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before …
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