Posted: Jul 2, 2020 at 6:40 pm ET The New York Stock Exchange in New York City. fake pictures Lemonade Inc. made the strongest initial public offering debut of a US company in 2020, as the shares of the mobile-based insurance company more than doubled last on its first day …
Read More »Lemonade Records Best US IPO Debut Of 2020 With Over 140% Gain
Lemonade Inc. made the strongest initial public offering debut of a US company in 2020, as the shares of the mobile-based insurance company more than doubled last on its first day of trading. LMND Lemonade, + 139.34% The shares, which soared as much as 144% to hit an intraday high …
Read More »Exxon Mobil unveiled an 8K Thursday. What was not in the presentation could be worrying.
Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
Read More »Airlines are taking new bailout cash as prospects worsen
Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
Read More »PG&E emerges from bankruptcy, pays $ 5.4 billion to forest fire fund
SAN FRANCISCO – Pacific Gas & Electric grew out of a controversial bankruptcy saga that began after its long-neglected power grid ignited wildfires in California that killed more than 100 people. The nation’s largest utility company announced Wednesday that it emerged from Chapter 11 bankruptcy and paid $ 5.4 billion …
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