Snowflake Inc. Made a warm start to the busiest weekend of early public offerings in more than a year. Snowflake SNOW, + 2.05% Its IPO on Tuesday night is valued at $ 120 billion, which means it will raise at least. 86. billion billion in offering fur, and possibly more …
Read More »Learn 5 things about Tesla beyond its 5-for-1 stock split
Tesla Inc. The shares will start trading on Monday after a 5-for-1 stock split. Tesla TSLA, -1.08% The split was announced on August 11, saying it would “make share ownership more accessible to employees and investors.” Dividends of four additional shares of common stock for each subsequent share will be …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »Bill Ackman’s blank check company has just started operating. What you need to know.
Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
Read More »Billionaire Bill Ackman has a $ 4 billion “blank check” to buy a company, but hasn’t said which one
Billionaire hedge fund manager Bill Ackman, the largest “blank check” company, went public on Wednesday, with more than $ 4 billion in his kitty to acquire a still-undetermined company, and has two years to choose a . Pershing Square Tontine Holdings Ltd. PSTH.UT, + 7.97% is a special purpose acquisition …
Read More »