Latest Stock offerings News

Golf goes to Netflix and it has competition from tennis

Jan. 18, 2022 13:21 PM EST

HONOLULU (AP) — Formula One racing got a huge boost in interest in North America through the Netflix series “Drive to Survive.” Netflix now is expanding to a documentary series on golf, with the PGA Tour and the organizers of the four major championships granting access for a...

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:14 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:10 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

EV start-up Nikola settles with US for $125 million

Dec. 21, 2021 11:07 AM EST

Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. Nikola Corp. violated the antifraud and disclosure control...

Upstart electric vehicle maker Rivian posts $1.23B Q3 loss

Dec. 16, 2021 19:02 PM EST

DETROIT (AP) — Electric vehicle upstart Rivian Automotive posted a $1.23 billion net loss in the third quarter due to costs from starting production of its pickup truck. The company said in its first public earnings report since its initial stock offering that it lost $12.21 per...

Harley to take electric motorcycle company public via SPAC

Dec. 13, 2021 09:43 AM EST

MILWAUKEE (AP) — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which jumped...

Trump media venture eyed by regulators; names Nunes CEO

Dec. 06, 2021 20:37 PM EST

NEW YORK (AP) — Regulators are looking into the deal that would bring Donald Trump's new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit. The company partnering with Trump Media...

Shares of EV maker Lucid slide after disclosing SEC subpoena

Dec. 06, 2021 10:42 AM EST

SILVER SPRING, Md. (AP) — Shares in the electric vehicle startup Lucid Group tumbled Monday after saying that said it had been subpoenaed by government regulators, apparently over the process by which it became a publicly-traded company last summer. Lucid shares skidded 18% at the...

Grab goes public in $40B SPAC deal, slides in market debut

Dec. 02, 2021 13:04 PM EST

HONG KONG (AP) — Southeast Asia’s largest ride-hailing company Grab tumbled in its market debut Thursday, following a $40 billion merger in a special purpose acquisition company deal. The Singapore-based company's debut on the Nasdaq came more than seven months after...

Packers stock sale nets more than $41 million in 8 days

Nov. 25, 2021 11:01 AM EST

GREEN BAY, Wis. (AP) — The Green Bay Packers have sold more than $41 million worth of stock in just over a week into their sixth stock offering in franchise history. The team said Wednesday it had sold more than 138,000 shares of stock, at $300 a share. The NFL’s only...