I typically don’t pay too much attention to investing theses based on personal experience, even my own, because, as I have said many times, the plural of anecdote is not data. That said, sometimes a company’s story can be illustrated by one’s own experiences with them, and that is the case with me and lululemon...
ismagilov/iStock via Getty Images Chinese oat products maker YanGuFang (NASDAQ:YGF) raised $8M through a downsized US initial public offering on Tuesday. YanGuFang priced 2M shares at $4 per share. Underwriters were granted an option to buy up to 300K additional shares at the public price to cover over-allotments. EF Hutton is serving as sole bookrunner....
jxfzsy Lifestyle branding firm MGO Global (NASDAQ:MGOL) saw its stock rally 30% Tuesday amid news that its senior management would ring the opening bell for Nasdaq next week. Shares of MGO, which held an initial public offering in January, opened at $1.04. The stock recently changed hands at $1.34 at approximately 11:15 a.m. ET. Earlier...
Zolak Shares of Jin Medical International (NASDAQ:ZJYL) were trading slightly lower following the Chinese wheelchair maker’s $8M downsized US initial public offering. Jin Medical shares opened at their IPO price of $8, jumping to an early high of $10.29 before declining. The stock recently changed hands at $7.88 at 2:05 p.m. ET. Jin Medical offered...
marrio31 Chinese edtech NetClass Technology (NTCL) has filed to raise $17M through a US initial public offering. The Shanghai-based company said that it is looking to offer 3.8M shares priced between $4 and $5, which would raise around $17M if priced at the midpoint. Underwriters would be given a 45-day option to buy up to...
Chunumunu Skincare products developer CoLabs (CLLB) has filed to raise $6M through an initial public offering. CoLabs is considering offering 1.3M shares priced at $4 to $5 per share, which would raised roughly $6M if priced at the midpoint. Underwriters would receive a 45-day option to buy up to 195K additional shares to cover over-allotments....
zimmytws Israel’s HUB Cyber Security (NASDAQ:HUBC) stock fell nearly 20% Tuesday after the company held an online business update for existing and potential investors. Shares of HUB opened at $1.90, reaching an early high of $1.93 before sliding to a low of $1.51 in late morning. The stock recently changed hands at $1.56, down 17%,...
Ivan Martynov YanGuFang (NASDAQ:YGF), a Chinese maker of oat and grain-based products, saw its shares slide 11% Tuesday morning following its downsized $8M US initial public offering. Shares of the food and wellness products maker opened at $4 just after 10:00 a.m. ET. The stock slid to a low of $3.36 before rebounding a bit...
Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in premarket trading....
porcorex Maritime bulk carrier Himalaya Shipping (HSHP) has upsized its proposed initial public offering to $45M from $10M. Himalaya said in an SEC filing that it was now looking to offer $45M in stock, which includes around $6.8M shares granted under the underwriters over-allotment option. The shipping company said that it expects the shares to...