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Shares of Sequoia-backed startup Unity Software jumped 44.2 percent in their debut on the New York Stock Exchange on Friday, signaling sustained demand for new stocks. The company’s stock opened at $75 per share, giving the firm a market value of $19.75 billion. The Silicon Valley startup on Thursday raised $1.3 billion in its IPO, …
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Kanye West is raising concerns after tweeting and deleting a disturbing message where he wrote about being murdered and having his daughter North taken away from him. “NORTHY I AM GOING TO WAR AND PUTTING MY LIFE ON THE LINE AND IF I AM MURDERED DON’T EVER LET WHITE MEDIA TELL YOU I WASNT A …
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A growing number of celebrities has opened up about living with bipolar disorder, defined by the Mayo Clinic as a lifelong mental health condition that “causes extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).” Kanye West Kanye WestGetty Images (Composite) Much of West’s career since 2010 can be viewed through …
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British billionaire Richard Branson is getting in on Wall Street’s hottest trend: creating a company just to buy another one. The Virgin Group tycoon has founded a blank-check company called VG Acquisition Corp. that plans to raise up to $460 million through an initial public offering, securities records show. The firm is a special purpose …
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In addition to vagina-scented candles and 18-karat gold dumbbells, Goop aficionados may soon be able to buy stock in the health and wellness retailer founded by Gwyneth Paltrow. At least that’s the chatter going around Wall Street after a monied investor launched plans for a new blank-check company focused on investing in an “aspirational lifestyle” …
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Warren Buffett-backed Snowflake’s shares more than doubled in value in a volatile debut on the New York Stock Exchange on Wednesday, after the cloud-based data warehouse company raised $3.36 billion in the largest US listing so far in 2020. Shares of the San Francisco-based company opened at $245 apiece, but the trading was briefly halted. …
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CVC Capital Partners and Canada Pension Plan Investment Board are exploring a sale or initial public offering of Petco that could value it at $6 billion, including debt, Bloomberg News reported Wednesday. The firms are interviewing potential advisers while reviewing strategic options, with formal efforts around a sale or IPO not expected to kick off …
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Soccer superstar David Beckham’s video-gaming company is planning an initial public offering as it looks to capitalize on growing interest in esports around the world. Guild Esports will become the first esports franchise to list its shares on the London Stock Exchange this fall as it builds a team of elite gamers to compete in …
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The members of South Korean boy band BTS could become $54 million richer when their record label goes public. Big Hit Entertainment — the Seoul-based music firm behind the world’s hottest K-pop act — revealed in its Wednesday IPO filing that it gave each of BTS’s seven members 68,385 shares last month “for the purpose …
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Mobile gaming firm Skillz will float its shares on the New York Stock Exchange through a merger with Flying Eagle Acquisition, a blank-check company founded by Hollywood executives Harry Sloan and Jeff Sagansky. The transaction will value Skillz at around $3.6 billion, according to Skillz. Wellington Management, Fidelity Investments, Franklin Templeton Investments and Neuberger Berman …
Shares of Sequoia-backed startup Unity Software jumped 44.2 percent in their debut on the New York Stock Exchange on Friday, signaling sustained demand for new stocks. The company’s stock opened at $75 per share, giving the firm a market value of $19.75 billion. The Silicon Valley startup on Thursday raised $1.3 billion in its IPO, …
