Category

NASDAQ

Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation NASDAQ

Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation

Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion. Robinhood trading will open today,…
bubmag
July 29, 2021
The Robinhood ($HOOD) IPO on Nasdaq NASDAQ

The Robinhood ($HOOD) IPO on Nasdaq

Robinhood, the financial services company that became infamous for offering commission-free trades, has gone public on the Nasdaq stock exchange. RobinHood ($HOOD) debuted at $38 per share and a total of 55,000,000 shares were sold, which means the net proceeds from the IPO are approximately $1.89 billion; 52,375,000 of the…
bubmag
July 29, 2021
LKQ Europe with Double-digit EBITDA Margin in the Second Quarter 2021 NASDAQ

LKQ Europe with Double-digit EBITDA Margin in the Second Quarter 2021

Double-digit EBITDA margin of 10.7% in European segment in the second quarter 2021. Zug, Switzerland. LKQ Corporation (Nasdaq:LKQ) today reported second quarter 2021 results that reflect strength for the Company in a number of key metrics including total revenue, segment margins and free cash flow. In other second quarter developments,…
bubmag
July 29, 2021
Old Dominion Rolls To Record Quarter, Beating Wall Street Views NASDAQ

Old Dominion Rolls To Record Quarter, Beating Wall Street Views

Trucking company Old Dominion Freight Line (NASDAQ: ODFL) gapped down Wednesday following its second-quarter earnings report. However, mid-session, th... Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! July 29, 2021 4 min read This story originally appeared on MarketBeat Trucking company Old Dominion Freight…
bubmag
July 29, 2021
Quhuo Announces Joint Partnerships With Shougang Real Estate And Hakone Group To Boost Operations Of The Beijing-Tianjin-New-City Development NASDAQ

Quhuo Announces Joint Partnerships With Shougang Real Estate And Hakone Group To Boost Operations Of The Beijing-Tianjin-New-City Development

BEIJING, July 29, 2021 /PRNewswire/ -- Quhuo Limited (NASDAQ:  QH) ("Quhuo" or the "Company"), a leading gig economy platform from China, today announced its recent partnerships with Shougang Real Estate ("Shougang") and Hakone Group ("Hakone") to jointly boost operations in the Beijing- Tianjin-New-City development project (" Beijing- Tianjin-New-City"), a luxury resort town…
bubmag
July 29, 2021
Cognizant records highest attrition rate among peers, raises annual revenue guidance NASDAQ

Cognizant records highest attrition rate among peers, raises annual revenue guidance

Synopsis The Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-month period ended June 30.ETtechCognizant's revenue of $4.6 billion grew 14.6% year-on-year (12.0% in constant currency) in the second quarter, its best quarterly revenue so far.Chennai: Cognizant Technology…
bubmag
July 29, 2021
Redfin Launches in Mississippi and Expands in Florida, Now Serves More Than 100 Markets NASDAQ

Redfin Launches in Mississippi and Expands in Florida, Now Serves More Than 100 Markets

SEATTLE, July 28, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the tech-powered real estate company, today announced it has launched in Gainesville, Pensacola and Tallahassee, Florida and Jackson, Mississippi. Mississippi is the 44th state for Redfin, which now serves more than 100 markets across the U.S. and Canada. In these new…
bubmag
July 28, 2021
China Natural Resources To Acquire Precise Space-Time Technology NASDAQ

China Natural Resources To Acquire Precise Space-Time Technology

Strategic Deal Further Diversifies Business HONG KONG, July 28, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it has agreed to acquire Precise Space-Time Technology Limited ("Precise Space-Time Technology") for consideration of approximately 104.1 million Chinese Yuan (US$16.1 million), which is a 20% discount to…
bubmag
July 28, 2021