Wednesday, February 10, 2021

Ahead of its debut Thursday, Bumble raises $2.15B in its IPO with shares priced at $43 each, up from the previous range of $37-39 (Bloomberg)

Bloomberg:
Ahead of its debut Thursday, Bumble raises $2.15B in its IPO with shares priced at $43 each, up from the previous range of $37-39  —  - Listing upsized, priced above already elevated range  — Wolfe Herd is youngest female CEO to take big U.S. firm public



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...