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ROBINHOOD IPO NEWS
Fund with stakes in SpaceX and Anthropic jumps 1,200% above asset valueThe Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre...
Rupee’s V-Shaped Reversal: Speculative Longs, RBI Intervention, and What Comes NextThe rupee’s sharp rebound faces renewed pressure as speculative positions rise and the RBI defends key levels near 88.80, with trade deal d...
Bitcoin rally and ‘short memories’ reignite everything in cryptoBitcoin's rally is reviving animal spirits in the financial world, with a surge in deal flow and investments. The crypto market sees a retu...
Reddit shares end trading up 48% in market debutWhile Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of gro...
Reddit shares open 38% above IPO priceThe San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, w...
Reddit set for hotly anticipated debut after pricing IPO at top of rangeSocial media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, in a test of investor ...
Which companies are going public in 2022? Almost none so far"The US IPO market remains on life support," said Bill Smith, chief executive of Renaissance Capital.
IPOs run out of steam as selloff rattles global equity marketsGlobally, $26.7 billion worth of IPOs have priced, marking a 60% drop from the same period a year earlier. Now, pulled deals are piling up ...
IPOs that crashed and burnedPaytm’s disastrous stock market debut—where its share price tanked 27.4% from its issue price—shares similarities with listing day performa...
What can be the next big trigger for this market?“Market is near all-time highs and so it has become difficult. It is an active stock pickers market. The active fund managers will outperfo...
Cloudtail India to shut down in May 2022In today's Top 5: Amazon India's biggest seller is halting operations from next May, UpGrad is joining the startup unicorn club, and Paytm ...
Robinhood shares dive 27.6%; filing sparks worries early investors could sellRobinhood’s shares finished down 27.6% at $50.97 a day after they jumped more than 50%. The company went public on July 29 at $38, with its...
PlaySimple makes it rainFrom PlaySimple's acquisition to Licious's new fundraise and Robinhood's IPO, here's a quick look at the top tech news today.
Robinhood fined $70 mn for harming 'millions' via misleading info, outagesThe broker, which has been credited with democratizing trading, is under scrutiny by federal and state policymakers following this year's m...
Isaac Newton made this blunder 300 years back & lost millions; Robinhood traders repeating itAt a recent conference, when ace investor Rakesh Jhunjhunwala was asked what advice does he have for the new retail investors, he warned ag...
FB culls fake accountsFrom Caesar Sengupta's Google exit to how the Covid-19 pandemic has changed relationships forever, here's a look at the must-read, top tech...
Robinhood to plan confidential IPO filing as soon as MarchThe company has held talks in the past week with underwriters about moving forward with a filing within weeks, said the people, who asked t...