Telecom gear maker Ciena Corp. (NYSE: CIEN) gapped up after reporting third-quarter earnings on August 31. Shares reversed lower in the following session, but not nearly enough to fill the gap; Ciena stock closed 16.82% higher for the week.
Does the gap-up, driven by strong ins
According to top CEOs of private cloud companies, we might expect a significant number of listings in Q4, with Stripe, Databricks, Canva, Klaviyo, and Snyk earmarked as strong contenders
As artificial intelligence consumes more media and investor attention, some investors are considering AI research lab OpenAI. If you're an investor asking yourself, “How can I buy Open AI stock?” — you're in for some unfortunate news. The company is currently privately owned and
There is renewed optimism in the initial public offering (IPO) market. Normally IPO activity gains momentum in the second quarter, and peaks in June. And this year was also no exception to this trend.
It’s often the case that smaller, arcane stocks can be among the winners in a portfolio. Hong Kong-based Futu Holdings Limited (NASDAQ: FUTU) is a financial technology company providing online brokerage and wealth management services to global investors and traders.
DraftKings Inc. (NASDAQ: DKNG) has been a good bet lately, with the stock showing gains in every month so far in 2023.
Shares have been registering strong price gains since July 7, when the stock rose 5.63% in heavy volume, regaining its 50-day average. The stock added another 8
There is renewed optimism in the initial public offering (IPO) market. Normally IPO activity gains momentum in the second quarter, and peaks in June. And this year was also no exception to this trend.
Among today’s IPOs, though, there is one where I will be looking for that pattern to repeat and will actually pick up some shares for long-term holding if it does.
The number of initial public offerings is down this year vs. the same time a year ago, but the June 16 debut of fast-casual Mediterranean restaurant chain Cava Group Inc. (NYSE: CAVA) exceeded expectations.
Is that a sign that the chill in the IPO market is thawing?
The compan
Today, CAVA Group’s (CAVA) IPO will reach its final stage when the stock begins trading in public markets with an offering price of $22, above the previously stated expected range.
Alibaba Group (NYSE: BABA) has been increasing in the markets as the company is riding on a cocktail of tailwinds forming within its domestic and international markets. As the United States reports lower-than-expected inflation rates, with a 4.0% against 4.1% consensus, posing a
Fluence Energy Inc. (NASDAQ: FLNC), which went public in 2021, has posted strong price gains following a dismal 2022. Fluence specializes in the fast-growing energy storage space.
The stock is near a buy zone, having cleared resistance above $26.78 on June 6. It dropped a littl
Symbotic (NASDAQ: SYM) and Global-e Online (NASDAQ: GLBE) are members of the 2022 class of IPOs. The 1st came to market as a reverse merger, while the other went the traditional IPO route with NASDAQ. Both are involved in developing, marketing, and selling technology to the reta
The current market is experiencing high levels of volatility and uncertainty, presenting challenges for both investors and companies seeking to go public.
This year hasn’t been the most active when it comes to initial public offerings, but Johnson & Johnson (NYSE: JNJ) spinoff Kenvue Inc. (NYSE: KVUE) set a bar, of sorts, with the biggest IPO since Rivian Automotive Inc.’s (NASDAQ: RIVN) ill-fated debut in November 2021.
The IPO m
The pressure will be on when Apple reports its latest quarterly results after the bell on May 4th. Better-than-expected earnings at fellow trillion-dollar market club members Alphabet and Microsoft have led equities back to their 2023 peak — and set the stage for Apple to send t