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. …
Read More »
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 …
Read More »
Evan Vucci / AP, NurPhoto via Getty Images The stock market has a strong track record of predicting the winner of the United States presidential election, according to LPL Financial. Since 1984, the S&P 500 has correctly predicted the outcome of each presidential election based on its price movements in …
Read More »
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 …
Read More »
Dow Jones futures are trading lower as traders continue to weigh their appetite for riskier assets. Yes, we are moving higher in terms of the US stock markets. USA Still, the reality is that this is one of the most hated protests on Wall Street among professional traders who believe …
Read More »