Editors Picks

Why Aurora Cannabis, Aphria, Cronos Group, and Other Marijuana Stocks Crashed Today Traders are bailing out of pot stocks. But should they be? What happened Cannabis stocks plunged on Thursday as traders rushed to take profits in companies that analysts say have seen their share prices rise too far, too fast. Here's how some of the most popular marijuana stocks were performing as...

Wanda Group, AMC's Largest Shareholder, Converts Common Stock To Facilitate Sale China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target of the recent WallStreetBets retail frenzy, AMC said in an exchange filing. Wanda America Entertainment Inc, a Wanda unit, converted its Class B...

Bumble Raises $2.15 Billion in IPO at $7 Billion Post-Money Valuation Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at $43 apiece above its target range, to raise $2.2 billion. The IPO gave the Austin, Texas-based company a market capitalization of more than $7 billion. Bumble...

Merck Declares Sale of Direct Fairness Funding in Moderna Merck introduced in the present day that it divested its direct holding in Moderna within the first half of the fourth quarter of 2020. Merck, which had invested $50 million in Moderna in 2015 and a further $125 million in 2018, mentioned it might retain oblique publicity by way of its enterprise...

How to market an IPO Successfully with a Digital Marketing Campaign. Companies need to let retail investors know that they are going public. Many companies hire Investor Relations companies that fail to reach the mark. Building a company from the ground up, legal fees, and waiting to get approval for your Initial Public Offering means that the marketing company you hire...

The SEC just changed Accredited Investor Definition. The biggest news in investing for years. On August 28th, the SEC made a huge announcement that could change the way we invest forever. Since the Securities Act of 1933 was passed, regular investors has been locked out of the private markets. This means only the super wealthy could invest early in companies like Facebook, Apple...

Uber and Lyft will shut down their ridesharing services in California on August 20th. Drivers of Uber and Lyft are used as pawns by ridesharing company in an attempt to operate in California. Uber and Lyft should have been more proactive all along. Both Uber and Lyft have decided to make this a messy divorce and seem like parents who have...

Bitcoin Briefly nears $12,000 But Crypto Investors Yawn If a Bitcoin rally goes unnoticed, has the crypto investor markets been hyped to its limits? Only the most rabid crypto investors seem to be following the mostly stagnant  and deserted crypto markets. Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have...

SPACs Are All the Rage, but These Private-Equity-Like Vehicles Are Complicated. Here’s What You Need to Know. “Bet on me” is essentially the pitch that backers of blank-check companies known as special purpose acquisition companies, or SPACs, make to investors. While that’s usually not enough to persuade seasoned investors to part with their money, it has worked like a charm in...

Self-storage investment has been said by experts to be “recession-resistant” due to its performance in the last economic recession. As the country goes through a downturn in the economy, investors are looking for more ways to increase capital gains. Through this venture for higher capital gains, investors are turning to Self-storage investment as a potential asset. Its reputation of high...