Nikola fell as much as 21% on Monday after the company released a prospectus describing its intention to sell up to 23.9 million shares. In addition, existing shareholders seek to sell up to 53.4 million shares, according to the prospectus. Nikola said the proceeds from the sale would be used …
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Kimberly White / Getty Images Lemonade, a technology-driven insurance company backed by Softbank, soared 132% in its commercial debut on Thursday. The company set its IPO price at $ 29, representing a market valuation of $ 1.6 billion. It was valued at $ 2.1 billion in its 2019 funding round. …
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Nikola Nikola Corp. rose as much as 7% on Monday after the company opened reservations for its electric van, Badger. Nikola set the reserve price for his truck at $ 5,000, which includes a ticket to Nikola World 2020, an event in December that will mark the official unveiling of …
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Xinhua / Wang Ying / Getty Images The bank’s shares rose Thursday after financial regulators announced they would ease the Volcker Rule from the era of the financial crisis. The Volcker Rule generally prohibits banks from engaging in property operations and having certain relationships with hedge funds and private equity …
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