A mostly graphical daily curated roundup of the markets and the economy from Nasdaq’s IR team. | MSCI quarterly review as of close Nov. 30, 2023. Expect elevated volumes/volatility particularly at the open and close leading up to and on the rebalancing date * source: CNBC | US financial conditions are easing… | no more...
volkansengor/iStock via Getty Images Lineage Logistics LLC is seeking a valuation of more than $30 billion in an initial public offering. The temperature-control storage and logistics firm is evaluating an IPO as soon as the first half of next year, according to a Bloomberg report on Tuesday, which cited people familiar with the matter. Lineage...
stockcam Social media company Reddit is evaluating an initial public offering for as soon as the the first quarter of next year. Kim Kardashian’s underwear brand Skims, which was valued this summer at $4 billion, is discussing its options, including an IPO as soon as next year, according to a Bloomberg report on Monday, which...
A mostly graphical daily curated roundup of the markets and the economy from Nasdaq’s IR team. | Last week = quiet + short trading week | “So, stocks and bonds operated in tight ranges, and the Nasdaq 100 end the week up 1%, while 10-year Treasury yields were up just 3 basis points to 4.47%.”...
Shirlaine Forrest/Getty Images Entertainment Chinese fast-fashion giant Shein has confidentially filed for an initial public offering in the U.S. Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been hired as lead underwriters for the IPO, which could happen next year, according to a WSJ report on Monday, which cited people familiar with the matter. The...
Remember the latter years of the 2010s? At the time, U.S. service industries—comprising everything from information technology to education, health and leisure companies—were on a major roll. By the turn of the decade, the sector was contributing $1.84 trillion to the economy, or a whopping 77.6 percent of the nation’s GDP. Then, disaster. It took the...
As an options trader, I am always on the lookout for potential earnings plays. One stock that caught my attention is CrowdStrike, due to a significant difference in implied volatility of options for the earnings week compared to the subsequent week. It is common knowledge that implied volatility tends to rise into earnings and then...
SB/iStock via Getty Images As the excitement of Thanksgiving festivities fades away, the IPO market heads into the final stretch of 2023. So far, the Renaissance IPO ETF (NYSEARCA:IPO) has risen 37% YTD, outshining the +19% return of the benchmark S&P 500. Here are some of the other major headlines in the IPO market: Coming...
A mostly graphical daily curated roundup of the markets and the economy from Nasdaq’s IR team. #marketseverywhere | ““It requires a very unusual mind to undertake the analysis of the obvious.” -Alfred North Whitehead, English Mathematician (1861 – 1947) | Is this rally sustainable? Equities cheer falling yields, end of rate hikes, and expected rate...
Loren Elliott/Getty Images News SpaceX plans to start a tender offer next month that will value billionaire Elon Musk’s space firm at about $150 billion, around the same valuation it had this summer, according to a NY Post report on Wednesday. The space exploration and satellite company raised $750 million in a tender offer in...