Taiwan's third largest stock tumbled almost 10 percent in minutes Wednesday and lost $3 billion of its market value due to errors made when placing orders, the stock exchange said.
Spring is in the air, and Spotify is headed for a direct listing on the NY Stock Exchange on April 3rd. Unfortunately for the streaming platform and its IPO, investors don't seem too confident about its future. ________________________ Guest post by Bobby Owsinski of Music 3.0 Spotify’s direct listing on...
By adding a cryptocurrency exchange, a web version and stock option trading, Robinhood has managed to quadruple its valuation in a year, according to a source familiar with a new round the startup is raising. Robinhood is closing in on around $350 million in Series D funding led by Russian firm DST Global, the source […]
Shares of the streaming music service will start trading on the New York Stock Exchange on April 3.
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Crown Prince Mohammed’s visit gives UK Prime Minister Theresa May a final opportunity to have London Stock Exchange chosen as venue for huge sale. London is running out of time to win a share of the greatest prize in oil. Saudi Arabia...Show More Summary
Philips Lighting which split from its electronics giant parent company to list as a standalone on the Amsterdam stock exchange in 2016, announced Wednesday it was joining the market's top-tier AEX index.
As Spotify prepares to collect billions of dollars with a listing on the New York Stock exchange, a little-known fact about the company has emerged. The music streaming service, which had uTorrent developer Ludvig Strigeus as one ofShow More Summary
The fund mirrors the exploding popularity of index investing in stocks and other assets.
As Spotify makes its long awaited move onto the public stock market, the company has filed over 200 pages of information with the United States Securities and Exchange Commission, providing a remarkable insight into the workings of what is currently the world's largest subscription music streaming service. Show More Summary
Samsung Electronics will unveil its 2018 QLED TVs on March 7 at the American Stock Exchange in New York. At the event, Samsung will introduce more details about its latest TV products. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Instead of a traditional public offering, the streaming music service will pursue a direct listing of its shares, which will be traded under the ticker symbol SPOT.
"[The] decision to go public has been expected and in the works for months... As of December 31, Spotify has 159 million monthly active users and 71 million subscribers, as in those who pay to use the service. In its F-1 filing, Spotify notes that it expects these numbers are 'nearly double the scale […]
Cronos Group is the first marijuana company to be listed on a U.S. stock exchange after receiving approval from the Securities and Exchange Commission (SEC) to officially trade on NASDAQ. The Canadian licensed weed producer will trade under the ticker symbol “CRON” starting today, February 27. Although weed is still federally illegal in the United States, Cronos was […]
Cronos Group will become the first marijuana company to trade on a major US stock exchange. The company owns and operates businesses that are licensed to grow and sell weed in Canada, where medical marijuana is legal The listing could...Show More Summary
Long-time collaborators Tencent Holdings and JD.com have each bought minority stakes in Better Life, a Chinese retail conglomerate. According to a filing made on Friday by Better Life, which is traded on the Shenzhen Stock Exchange, Tencent paid 886.9 million RMB (about $140 million) for a 6% stake, while JD.com took a 5% stake for 739.1 million RMB ($117 million). Read More
Long Blockchain, which changed its name from Long Island Iced Tea Corp. in December, sending its stock soaring, is now getting an earful from regulators. The company acknowledged that Nasdaq... To view the full story, click the title link.
A founder of a defunct bitcoin stock exchange has been arrested after the U.S. Securities and Exchange Commission filed fraud charges against him Wednesday. Jon E. Montroll, the operator of a bitcoin stock exchange called BitFunder that...Show More Summary
The Securities and Exchange Commission issued new guidelines on Wednesday for public companies regarding their duties concerning the disclosure of security breaches and vulnerabilities. The guidelines come amid scrutiny of a massiveShow More Summary
Categories: Afternoon Coffee Tags: General News Alternative lending conglomerate TruFin raised more than $97 million through an initial public offering (IPO) on the London Stock Exchange. Aluminum and steel may be the next targets in the Trump administration’s increasing trade tensions with China. Show More Summary