Key Points:
Continued investor demand for new public offerings.
The go-public process is more difficult than it appears.
Professionals on tips for successful public offerings.
Companies want to go public because it sounds great, said David Bukzin, Marcum LLP s. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Quote To Start The Day: “When we’re talking about public markets when you decide to go public you go from one to two businesses. The business of whatever you’re in, let’s call it making widgets, and the business of being public.”
Source: David Buzkin. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Quote To Start The Day: “Democracy is never a gift from heaven. It must be earned by many with strong will.”
Source: Jimmy Sham
One Big Thing In Fintech: The UK is leading the way in open banking due to regulatory requirements and a dedicated central program and platform, the Open. Read More.
FDA approved first GM pig for food.
Fannie, Freddie talks left for Biden.
Fed joined a panel on climate risks.
The US needs better credit system.
Homeless will find shelter at hotels.
First virus vaccines out for delivery.
Periscope will shut down by March.
Rules pushing restaurants to edge.
Sam’s Club adopted robotic pickers.
Market Moving Headline:
Tesla Inc.’s entry into the S&P 500 will make for a wild trading session Friday as money pours into the electric vehicle maker’s stock and out of shares of the index’s other members.
Shares of the Palo Alto, Calif.-based electric vehicle maker will be added to the S&P 500 all at once, which is atypical for a large addition. The company had a market capitalization of $606 billion at Monday’s closing bell, meaning it would be the eighth-largest member upon entry into the benchmark index.