After its euphoric debut, the company saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It ...
TCW MetWest Investment Grade Credit Fund I-Class gained 5.17% (net of fees) in the third quarter of 2024 to outpace the ...
As turbulent US equity markets cloud the picture for initial public offerings, some on Wall Street are urging companies to temper their valuations for a better chance of pulling off a successful deal.
Data from FactSet show the second-day performance of Newsmax, when it surged 179%, was one of the strongest ever for a new listing. The stock, though, had suffered an intraday decline of almost 76% ...
Newsmax’s rollercoaster debut on the New York Stock Exchange continued on Wednesday when the network’s shares tumbled nearly ...
The catalyst behind the rally was unclear, but it comes after a rocky start for the company backed by Evanston hedge fund Magnetar Capital.
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