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HOW important is first-day share price performance as a metric to gauge the success, or failure, of a new listing?
Investors and financial media often use the day-one "pop or drop" to determine how well an initial public offering (IPO) has performed.
This explains the headlines...
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[NEW YORK] The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic...
[SINGAPORE] Three of the four community cases reported on Thursday (Jan 21) have been linked to a cluster at BS...
[AMSTERDAM] KLM said it would cut an additional 1,000 jobs in 2021 and warned on Thursday that government plans to...
[WASHINGTON] Government data released the day after Joe Biden entered the White House made clear the scale of the...
[NEW YORK] Wall Street stocks were little changed early Thursday following mixed economic data a day after hitting...