ipo

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Mexican Grill Inc.’s (NYSE: CMG) stock continued to rally into Wednesday after it received a bullish upgrade from Piper Jaffray’s analyst. Chipotle shares gained 0.7 percent after the upgrade and gained another 2.1 percent on We..

Spotify Tumbles After IPO After Analyst Ratings

Spotify Tumbles After IPO After Analyst Ratings

Spotify Technology SA (NYSE: SPOT) made its debut on the New York Stock Exchange on Tuesday, who went public through direct-listing. The stock listed on the exchange at $165.90, before falling to Tuesday’s closing price of $149.60. Shares cont..

Spotify’s Unusual IPO Caused Worries of Big Banks

Spotify’s Unusual IPO Caused Worries of Big Banks

Shares of Spotify Technology S.A. (NYSE: SPOT) are expected to start trading on New York Stock Exchange today. Instead of raising money by selling new shares, Spotify only sells existing shares through a direct listing, given the company’s val..

Dropbox, Inc (NASDAQ: DBX) First Day of Trading

Dropbox, Inc (NASDAQ: DBX) First Day of Trading

Dropbox, Inc. (NASDAQ: DBX) stock opened more than 40 percent higher at $29 a share and closed more than 35 percent higher at $28.48 per share on its first day of the trading. The file hosting service listed $756 million IPO under the trading symbol..

Softbank Backs Uber's Plan to go Public in 2019

Softbank Backs Uber's Plan to go Public in 2019

Uber Technologies Inc. has had a shaky past year, but CEO Dara Khosrowshahi made it a mission to turnaround the company through internal restructuring and potentially an initial public offering (IPO).CEO of Softbank Vision Fund, Rajeev Misra told CN..

Snap Shares Surge on Strong Earnings Result

Snap Shares Surge on Strong Earnings Result

Snap Inc. (NYSE: SNAP) soared more than 35 percent on Wednesday morning after the company reported quarterly revenue and earnings that beat analysts’ estimates.The instant message company said fourth-quarter revenue rose 72 percent to $285.7 m..

Chipotle Shares Fall After Earnings

Chipotle Shares Fall After Earnings

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell more than 10% Wednesday after the restaurant chain reported financial results for its fourth quarter and year ended December 31, 2017. Revenue for the quarter was $1.1 billion, an increase of 7.3%..