#Robinhood hires Goldman Sachs to lead IPO

#Robinhood hires Goldman Sachs to lead IPO

“#Robinhood hires Goldman Sachs to lead IPO” Stock trading app Robinhood Markets has picked Goldman Sachs to lead preparations for an initial public offering which could come next year and value it at more than $20 billion, people familiar with the matter said on Tuesday. Robinhood was valued at $11.7 billion in its last private…

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#Stitch Fix stock surges to record high after surprise profit

#Stitch Fix stock surges to record high after surprise profit

“#Stitch Fix stock surges to record high after surprise profit” Shares of Stitch Fix surged on Tuesday after the personal styling service posted a surprise, pandemic-fueled quarterly profit while projecting a financial growth spurt. The San Francisco-based firm’s stock price surged as much as 53 percent to an all-time intraday high of $54.94 on the…

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# Bitcoin price risks losing ‘critical technical level’ as stocks under pressure

# Bitcoin price risks losing ‘critical technical level’ as stocks under pressure

“# Bitcoin price risks losing ‘critical technical level’ as stocks under pressure ” U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500. The daily price chart of Bitcoin (Coinbase). Source: TradingView COVID-19…

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#TheMaven hasn’t filed financial docs in nearly three years

#TheMaven hasn’t filed financial docs in nearly three years

“#TheMaven hasn’t filed financial docs in nearly three years” Thinly traded public company TheMaven, publisher of Sports Illustrated and owner of ­TheStreet.com, wants to try to juice its penny-stock price by approving a reverse stock split.  Nevertheless, company has not filed any financial-disclosure documents in nearly three years.  “We anticipate filing the statements for 2018…

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