Latest Stock offerings News

Chewy rides on post-IPO high

Jul. 18, 2019 6:10 PM EDT

NEW YORK (AP) — Chewy, the online seller of pet food and squeaky toys, is continuing its post-IPO sales streak. The company, which debuted on the New York Stock Exchange in June, forecast Thursday a rosy sales outlook after posting fiscal first-quarter results in line with Wall Street expectations. Chewy...

Levi Strauss 2Q profit drops on IPO costs, revenue rises

Jul. 9, 2019 5:12 PM EDT

SAN FRANCISCO (AP) — Levi Strauss & Co. shares slid in late trading Tuesday after the denim company posted worse than expected quarterly results. The San Francisco company said it earned $28.2 million, or 7 cents per share, in the three months ended May 26. That compares with net income of $74.9...

Secondhand fashion site The RealReal shares rise in debut

Jun. 28, 2019 5:01 PM EDT

NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by CEO Julie...

Swiss prepare tit-for-tat measure on stocks in spat with EU

Jun. 24, 2019 1:47 PM EDT

GENEVA (AP) — Switzerland is preparing to hit back against the European Union in a standoff over bilateral relations between the rich Alpine country and the 28-nation bloc that surrounds it. The Swiss government said Monday that it is readying "protective measures" that could bar stock markets in the EU...

Slack shows up for work and rallies in Wall Street debut

Jun. 20, 2019 11:00 PM EDT

NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service grew 49% in value after its stock started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some such as...

The Latest: Slack up 49% in value after 1st trading day

Jun. 20, 2019 4:40 PM EDT

NEW YORK (AP) — The Latest on Slack's IPO (all times local): 4:35 p.m. Slack's newly public shares aren't slacking off. The work messaging service's shares debuted on the New York Stock Exchange at $38.50 and rose slightly to close at $38.62. That's 49% above the $26 reference price set by the exchange...

This Week: Housing starts, Fed policy update, Slack IPO

Jun. 17, 2019 1:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: HOUSING BELLWETHER The government's monthly snapshot of U.S. housing starts should provide insight into the state of the new-home market. The Commerce Department is expected to report Tuesday that builders broke ground on new...

Top dog: Shares of online pet store Chewy soar in debut

Jun. 14, 2019 5:05 PM EDT

NEW YORK (AP) — It was raining cats and dogs on Wall Street. Chewy, the online seller of pet food and squeaky toys, made a strong showing in its debut on the New York Stock Exchange Friday, with investors banking on the growing pet industry. Its shares soared 59% Friday under the symbol "CHWY," putting the...

Stocks post small losses; investors look ahead to Fed

Jun. 14, 2019 5:02 PM EDT

NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and insurers...

Is Beyond Meat overcooked?

Jun. 11, 2019 12:16 PM EDT

NEW YORK (AP) — The price for a share of Beyond Meat almost tripled on the first day of trading in May and that was just a taste of what was to come. By the end of the day Monday, the stock had gained an additional 30 percent. But on Tuesday, Wall Street got a case of heartburn after two analysts from J.P....