UFC owner Endeavor makes long-awaited NYSE debut at second attempt reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Article content
Endeavor Group Holdings Inc’s second shot at going public turned out to be relatively successful after the owner of the Ultimate Fighting Championship (UFC) was valued at $11.6 billion on its first day of trading.
Shares of the Beverly Hills, California-based company opened at $27 on the New York Stock Exchange, 12.5% above the offer price of $24.
We apologize, but this video has failed to load.
Try refreshing your browser, or owner Endeavor makes punchy market debut with $11.6 bln valuation Back to video
Endeavor had abandoned its plans of floating its shares just a day before it was supposed to debut in 2019 as its initial public offering was met with tepid demand.
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud. The IPO dates below are expected but not confirmed.
Peloton Interactive, Inc. (NASDAQ: PTON) will issue 40 million shares between $26 and $29 Thursday on the Nasdaq. The offering represents 95.7% of outstanding shares. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Biggest midday movers: Facebook, Ford, eBay (SPY +0.2%). Turkey goes into its first full lockdown. Stocks slammed as Biden admin says gig-workers should be classified as employees.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Oil Jumps To Six-Week High On Stronger Economic Outlook Oil prices rose early on Thursday to their highest level in six weeks as a brighter outlook on the American economy and oil demand offset bearish demand prospects from the COVID crisis in India. As of 11:03 a.m. EDT on Thursday, WTI Crude was up 1.50 percent at $64.87, after touching $65 earlier in the day, and Brent Crude prices had risen 1.61 percent to cross the $68 a barrel mark, at $68.41. A weaker U.S. dollar today also added fuel
Publishing date: Apr 29, 2021 • April 29, 2021 • 1 minute read •
Article content
Endeavor Group Holdings Inc’s, the U.S. entertainment and events company led by Hollywood power broker Ari Emanuel, saw its shares edge higher on their New York Stock Exchange debut on Thursday, valuing the company at $10.5 billion.
The debut was Endeavor’s second attempt to go public after it abandoned plans to float its shares just a day before its planned initial public offering in 2019 due to lackluster demand.
We apologize, but this video has failed to load.
Try refreshing your browser, or owner Endeavor makes long-awaited NYSE debut at second attempt Back to video