The $2 billion deal values the crypto-powered betting site, where users can wager on politics, sports and more, at about $8 billion.
Category: New York Stock Exchange
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Figma’s $20 Billion Sale Died. It Came Back to Go Public.
Figma, which makes a design platform, had been on the verge of a $20 billion sale before regulators quashed the deal. On Thursday, it went public, with the stock soaring 158 percent on its first trade.
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A24 Promotes ‘Materialists’ by Rating New York’s Single Men on Stock Exchange
To promote its new film “Materialists,” A24 worked with the New York Stock Exchange to sort participants by attributes like income, height and homeownership.
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Trump Reacts to Time ‘Person of the Year’ and Stock Exchange Opening
For a man who rose to fame in the gilded yuppie era of New York City, today’s ringing the bell to open the stock exchange, and being named Person of the Year by Time, must have a certain appeal.
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William H. Donaldson, 93, Wall St. Powerbroker Who Led the S.E.C., Dies
He co-founded D.L.J., the first securities firm to offer shares to the public. As S.E.C. chairman, he pressed for a stronger watchdog role after a series of accounting scandals.
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BlackRock and Citadel Securities Back Start-Up Texas Stock Exchange
The Texas Stock Exchange, based in Dallas, has the backing of BlackRock and Citadel Securities. But challengers to the dominant New York markets have gained little traction.
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N.Y.S.E. Trading Glitch Briefly Sends Some Shares on Wild Ride
Berkshire Hathaway showed a drop of 99 percent before trading was halted and the technical problem corrected.
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Unlikely Allies Want to Bar JBS, the Brazilian Beef Giant, From U.S. Stock Markets
Environmentalists and American meat producers alike are asking regulators to keep JBS, the world’s biggest meatpacker, off the New York Stock Exchange.
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Birkenstock Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
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Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
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First Republic Bank Enters New Free Fall as Concerns Mount
The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.
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N.Y.S.E. Glitch Leads to Wild Swings in Share Prices
The New York Times – Business:Prices eventually returned to normal levels, but the turmoil left some traders uncertain of whether their orders were placed.