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2021 has been a record year for initial public offerings (IPOs) worldwide as 2,388 new companies listed their shares. In the U.S., the IPO market reached an all-time high with more than 900 companies going public, raising $300 billion in 2021. DigitalOcean Holdings (NYSE:DOCN) went public in late March 2021. DOCN Stock raised $775 million in
‘Tis the for season for cancelations. Thousands of flights were canceled over Christmas weekend worldwide, as the COVID-19 omicron variant continued its rapid spread, putting pressure on staffing at both airports and airlines. There were 3,685 flights canceled worldwide on Christmas Day and 857 flights to or out of the U.S., according to FlightAware, which
Robinhood Markets (NASDAQ:HOOD) stock has played out the full boom and bust pattern inside the space of six months. Like so many other meme stocks, Reddit’s preferred stock trading platform went through its own hype cycle this year. Source: Sulastri Sulastri / Shutterstock.com Robinhood completed its initial public offering (IPO) at the end of July
In an economy in which most people can’t afford to retire ever, let alone by age 65, many of those who are able to retire are in a significantly better financial position than others. One of the core principles of wallet activism is aligning your money to your values, and that almost certainly includes finding
Upstart (UPST) as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game. Source: Postmodern Studio / Shutterstock.com However, as an investor, it’s
Friends and families relying on at-home rapid COVID-19 tests to safely celebrate the holidays should do those tests as close to the point of arrival as possible, and not one or two days earlier or even the morning of. The standard thinking until now has been that performing a rapid test one to three days
This was the year Oracle (NASDAQ:ORCL) was finally recognized as a cloud player. When ORCL stock hit its all-time high on Dec. 6, investors were looking at a 67% year-to-date gain. Today, shares are up a little more than 40%, thanks in part to the omicron downdraft but also thanks to Oracle’s purchase of Cerner
As the IPO market slowed down at the end of 2021, companies that had been expected to jump on the hot market were left out in the cold, but many of them are still expected to test the waters in 2022. Technology companies dominated the market for initial public offerings in 2021, representing nine of
Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company. Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford
The numbers: Initial jobless benefit claims were unchanged at 205,000 in the week ended Dec. 18, the U.S. Labor Department said Thursday. The previous week’s figure was revised down by 1,000. Economists polled by The Wall Street Journal had estimated new claims would total 206,000. Before the pandemic, initial jobless claims averaged about 220,000 a week.
As someone who extensively covered cryptocurrencies during the past year, one of the concerns I had was oversaturation. Namely, it’s difficult to establish the applicability of one blockchain over another. I feel the same way about Gores Guggenheim (NASDAQ:GGPI). While the underlying electric vehicle manufacturer Polestar may look good for GGPI stock on paper, the
Novavax Inc. shares gained in the extended session Wednesday after the biotech drug maker said initial data showed its COVID-19 vaccine booster showed immune responses against the omicron variant. Novavax NVAX, -4.07% shares ended after-hours trading up 4.8%, after rising as much as 6% and dropping as much as 8% from their Wednesday close of
One of my favorite stock market indicators is insider buying. Source: Shutterstock As legendary investor Peter Lynch once said: “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” And those insiders know more about their business, its recent operational trends, and
Dear MarketWatch, My mother recently passed away. My brother had been living with and caring for her for a couple of years and was the one to find her after she died. Her will states that the house is to be shared equally between all her children, but also that my brother who has been
QuantumScape (NYSE:QS) a development stage company focusing on the commercialization of solid-state batteries for the EV industry would like to put away as quickly as possible its stock price performance in 2021. Source: Michael Vi / Shutterstock.com At the close of the U.S. stock market on Dec. 20, 2020, QS stock price of $23.67 had
Is West Virginia really that bad? The state is trending in the news after actress Bette Midler, responding to West Virginia Democratic Sen. Joe Machin’s decision not to back President Joe Biden’s $2 trillion spending bill as is, declared it something akin to America’s armpit. Manchin “wants us all to be just like his state,
Once one of the top-rated market debuts via a reverse merger with a special purpose acquisition company, Virgin Galactic (NYSE:SPCE) traded for nearly six times its initial offering price of $10. However, that was back in February, when post-merger SPACs enjoyed the peak of their success. As of the close of Dec. 17, SPCE stock
Whether households prefer a constant, increasing, or decreasing path of consumption in retirement has important implications for our understanding of retirement adequacy. If people want steady consumption, they need more assets at retirement than if they plan to let their consumption decline over time. Read: Want to be a better investor? Sign up for our
Lucid Group Inc (NASDAQ:LCID) has kept things interesting for investors in 2021. The past month or so has been particularly challenging. LCID stock reached major highs in November as the company and its investors celebrated big milestones. Source: ggTravelDiary / Shutterstock.com However, December has been a dumpster fire in comparison. And with shockers like an