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Krispy Kreme opens second act as publicly traded company with hot now share price


Krispy Kreme Inc. debuted Thursday with a similar investor response to its second initial public offering as its first more than 21 years ago.
Underwriters of the second IPO surprisingly lowered the share price Wednesday from a projected $21 to $24 a share to $17. The stock symbol on Nasdaq is “DNUT.”
After dropping initially Thursday to $15.50, the share price jumped as high as $21.69 before finishing up 23.5% to $21 on volume of 40.64 million shares.
By comparison, Krispy Kreme’s first IPO, which launched on April 5, 2000, was projected by stock analysts at an $18 to $20 share price.
The share price, instead, opened at $21, quickly surged to $32 and ended its first day at $37, up 77%. ....

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Source: Sportradar Reaches Deal To Go Public Via SPAC


Source: Sportradar Reaches Deal To Go Public Via SPAC
Company valued at $10-$12 billion in recent weeks as rumors of partnership have swirled
Sports Handle Monday evening.
The source, who spoke to
Sports Handle on condition of anonymity, did not reveal the name of the SPAC or the terms of the deal. While Sportradar, a Switzerland-based sports betting data provider, may formally announce a partnership in the coming days, an announcement is not expected on Tuesday, the source said.
The deal comes as speculation has intensified over the last week that the data provider had entertained a bevy of offers to go public, either through a SPAC or a traditional IPO. Last month, ....

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