Chipmaker GlobalFoundries Falls in Stock Market Debut
2021-10-28 10:10:43 Chipmaker GlobalFoundries GFS made its stock market debut Thursday on the Nasdaq Global Market at $44.50 a share, 5% lower than its initial public offering price of $47. Shares of the Malta, N.Y., company at last check fell 4.2% to $45.04. GlobalFoundries trades under the ticker symbol GFS. Its IPO of 55 million shares was priced […]
Opinion | The First Bitcoin-Related Fund Makes Its Stock Market Debut
2021-10-25 12:23:13 Since then, things have been pretty tame. In an earlier edition of this newsletter, I wrote about non-fungible tokens and how we should think of them as online communes and not only as get-rich-quick schemes. The mix of shared purpose and alienation in NFT online communities came, in part, from earlier iterations of […]
Disappointing debut for Q4 as Toronto IR software company’s shares slump on first day of trading on TSX
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2021-10-25 11:47:39 Darrell Heaps, Q4 Inc. CEO, rings the bell at the Toronto Stock Exchange on Oct. 25, 2021.Luke & Allie Cleland/Courtesy of manufacturer Investor relations software provider Q4 Inc. had a disappointing debut on the Toronto Stock Exchange Monday after slashing the size and pricing of its initial public offering last week. The Toronto […]
Bitcoin miner Stronghold Digital Mining makes Nasdaq debut
2021-10-20 15:11:13 Spence and Beard of Stronghold Aaron Kotowski Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies. Trading on the Nasdaq under ticker symbol “SDIG,” the Pennsylvania company, which mines bitcoin from waste coal, priced its stock at […]
First bitcoin futures ETF rises 3% in trading debut on the NYSE
2021-10-19 06:37:06 Shares of the first U.S. bitcoin-linked exchange-traded fund rose in their trading debut Tuesday. The ProShares Bitcoin Strategy ETF, ticker “BITO,” jumped more than 3% to $41.44. The fund tracks CME bitcoin futures, or contracts speculating on the future price of bitcoin, rather than the crypto itself. That means investors in the ETF […]