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NASDAQ

The short-seller that unraveled Nikola’s GM deal says another electric-vehicle startup engaged in fraud (KNDI) NASDAQ

The short-seller that unraveled Nikola’s GM deal says another electric-vehicle startup engaged in fraud (KNDI)

Hindenburg Research is back with more allegations of fraud.  The short-seller has accused Kandi motors of fake sales and deceptive accounting practices.  In September, a Hindenburg report unraveled electric-truck startup Nikola's $2 billion deal with General Motors, with the two companies eventually agreeing to a scaled-down deal instead. Visit Business…
bubmag
December 1, 2020
Square stock on fire: Jack Dorsey’s beard sets 3 share price records in 3 days NASDAQ

Square stock on fire: Jack Dorsey’s beard sets 3 share price records in 3 days

Square, the fintech stock led by Twitter billionaire and beard-of-the-people Jack Dorsey, is on fire. In the past three days, Square‘s share price has set three consecutive all-time highs, both intraday and closing. It peaked at $208 on Monday, hit $209.36 on Tuesday, and broke $214 on Wednesday to close…
bubmag
November 26, 2020
Japan shares end at over 29-1/2-year high as Nasdaq gains cheer tech stocks NASDAQ

Japan shares end at over 29-1/2-year high as Nasdaq gains cheer tech stocks

Japanese shares closed at a more than 29-and-a-half-year high on Thursday, as tech shares tracked overnight advances on the U.S. Nasdaq, but worries over latest coronavirus restrictions at home hindering economic recovery capped gains. The Nikkei share average ended up 0.91% at 26,537.31, its highest closing level since April 1991.…
bubmag
November 26, 2020
Telesat to be listed on Nasdaq, still considered Canadian NASDAQ

Telesat to be listed on Nasdaq, still considered Canadian

Telesat, a Canadian satellite service company, will be publicly listed on Nasdaq by combining with Loral Space and Communications.The company announced the agreement yesterday with Loral Space and Communications and Public Sector Pension (PSP) Investment Board. Telesat Canada and Loral will become subsidiaries of Telesat Corporation, a new publicly traded…
bubmag
November 25, 2020
How Airbnb’s CEO Brian Chesky succumbed to an IPO he resisted NASDAQ

How Airbnb’s CEO Brian Chesky succumbed to an IPO he resisted

Airbnb CEO Brian Chesky resisted calls from his investors for years to follow the lead of other Silicon Valley unicorns and take the home rental startup public, as he pursued his dream of turning it into a one-stop shop for leisure and travel. He is now pressing ahead with a stock market debut just as the COVID-19 pandemic hits its peak.…
bubmag
November 22, 2020
Airbnb’s China problems — the soft spot in the vacation rental giant’s IPO prospectus NASDAQ

Airbnb’s China problems — the soft spot in the vacation rental giant’s IPO prospectus

The company intends to expand globally in countries where its “penetration is lower, such as India, China, Latin America, Southeast Asia, and tens of thousands of smaller markets and remote areas around the world.” COVID-19 and “significant investments in new product and growth initiatives, including in China,” led to a…
bubmag
November 21, 2020