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Who Will Get Poor From Uber, Lyft, And Other "Unicorns" That Go Public?
Article By:
Dean Baker
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Sunday, March 31, 2019 1:00 AM EDT
Hyping companies like Uber in the business press is a great way to transfer income upward. It would be good if it stopped doing it.
In this article: LYFT
Week In Review: CanSino Nears $1 Billion Valuation Following Hong Kong IPO
Article By:
ChinaBio® Today
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Saturday, March 30, 2019 4:05 PM EDT
CanSino Biologics, a Tianjin vaccine company, rose 58% in its first trading day on the Hong Kong Exchange after staging its $161 million IPO. At the IPO price, CanSino was valued at $617 million; its market capitalization is now $968 million.
Lyft Surges 20% From IPO Price On Market Debut After "Lightning Start"
Article By:
Tyler Durden
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Friday, March 29, 2019 12:43 PM EDT
By 20 minutes into its first day of trading, more than 28 million Lyft shares had already changed hands, and today's frantic pace of trading assures that the company's entire 32.5 million float will change hands before the close of trading.
In this article: LYFT
The Fundamentals Don’t Matter For This IPO
Article By:
David Trainer
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Thursday, March 28, 2019 11:59 AM EDT
When a major IPO like Lyft comes along with a market cap over $20 billion, it instantly becomes a significant portion of the market.
In this article: LYFT
Week In Review: Tianjin CanSino Staging $160.5 Million Hong Kong IPO
Article By:
ChinaBio® Today
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Saturday, March 23, 2019 5:05 PM EDT
Tianjin CanSino Biologics, a vaccine company, expects to raise up to $160.5 million in a Hong Kong IPO, which will begin trading on March 28. The company is developing 15 vaccine candidates for 12 disease areas.
In this article: MRK
Pre-IPO Coverage: Levi Strauss & Co (LEVI)
Article By:
David Trainer
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Thursday, March 21, 2019 5:00 AM EDT
Blue jeans maker Levi Strauss & Co. (LEVI) is expected to IPO on Thursday, March 21.
In this article: LEVI
Lyft Expects To Raise Up To $2.1 Billion As IPO Roadshow Begins
Article By:
Tyler Durden
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Monday, March 18, 2019 8:28 AM EDT
Lyft is looking to raise up to $2.1 billion in its upcoming initial public offering.
In this article: LYFT