WeWork Finally Makes Market Debut
A familiar name began trading on the public market recently. WeWork, the estranged commercial office space developer, began trading on October 21 and has jumped nearly 30%.
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IPO
Morgan Stanley Reveals Archegos Loss as Profits Soar to Record-Breaking Highs
Despite a nearly one-billion-dollar loss from the Archegos scandal, Morgan Stanley revealed record-breaking first-quarter profits for 2021, crushing analysts’ expectations.
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ByteDance Competitor, Kuaishou Technology, Launches Forward in the Chinese Tech Industry
Kuaishou Technology, the owner of the Chinese social media and video sharing app of the same name, plans to file for an initial public offering on the Hong Kong Stock Exchange within the coming weeks, according to South China Morning Post (SCMP).
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IPOs are Great Again
The good old days have rarely come back to feel so good. IPOs are hot in 2020, already eclipsing all YTD totals for the last 20 years. The only year that comes even close? 2000.
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