XPeng stock falls after upsized share offering prices at near 8% discount

·

·

XPeng stock falls after upsized share offering prices at near 8% discount

Shares of XPeng Inc. dropped in premarket trading Wednesday, after the China-based electric vehicle maker’s upsized public share offering priced at a discount of nearly 8%. The company raised $2.16 billion in the offering, as it sold 48 million American …
See Original Article

Airbnb's $3.1 Billion IPO Hinges on Hosts Who Make Rentals Feel Like Home

However, they accounted for almost 30% of room nights booked. On Wednesday, Airbnb will price shares in a long-awaited initial public offering, raising as much as $3.1 billion and valuing the company at $42 billion.
See Original Article

Vera Bradley: Fiscal 3Q Earnings Snapshot

ROANOKE, Ind. (AP) _ Vera Bradley Inc. (VRA) on Wednesday reported fiscal third-quarter net income of $8.9 million. The Roanoke, Indiana-based company said it had net income of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 30 …
See Original Article

The Three Levels of Mastercard: Here's The Difference Between Standard, World and World Elite

Mastercard is one of the largest payment networks in the world and owning a card with its famous interlocking circles may entitle you to perks and benefits beyond what your issuing bank is offering. These perks can save you hundreds of dollars, making it …
See Original Article

Bitcoin Is Back and Booming. Will the Rally Last?

For the few years immediately following its inception in 2009, Bitcoin traded at pennies on the dollar. But last Monday, more than a decade into the cryptocurrency’s existence, Bitcoin investors hit the jackpot. According to data provider CoinDesk, the price of a …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.