US Stock Reports, Quotes and News
Investing.com — StubHub is mulling plans to go public by late summer in an initial public offering that the online ticketing service business hopes will value it at about $16.5 billion, The Information reported Friday, citing unnamed sources.
Lakeside Holding Limited (LSH) has filed for up to 1,250,000 share IPO at $4-$5 per share.
Key Mining Corp (KMCM) has filed for a 4,444,444 share IPO at $2.25 per share. The company previously indicated a 7.2M share IPO at same price levels.
Goldman Sachs has expanded its coverage to the India CRO/CDMO (contract research organization/contract development and manufacturing organization) space as supply diversification in the global pharmaceutical industry picks up. In a note, analysts initiated coverage on three stocks – two Buys and one Sell.
Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Basic Materials, Technology and Consumer Services sectors led shares lower.
Bowhead Specialty Holdings (BOW) has filed for a proposed IPO.
Investing.com — The Dow plunged Friday, as major Wall Street banks kicked off the earnings season with disappointing results, stoking worries about the strength of the upcoming earnings season at a time when inflation jitters remain front and center.
On Friday, Jefferies maintained its hold rating on Tata Consultancy Services (NS:TCS), with a price target (PT) of Rs 4,030. The firm noted that TCS\’s fourth-quarter results surpassed expectations, but cautioned that persistent demand pressures cast a shadow over the growth outlook. Despite a strong deal pipeline, the management\’s conservative commentary, coupled with a continued reduction in headcount and a significant cut in subcontractor use, raised concerns regarding future growth prospects.
Serve Robotics Sees IPO of 8.89m Shares at $4.50 a Share. Offering of $40m shares. Company to list on the Nasdaq under ticker “SERV”.
Investing.com — US-listed Chinese stocks suffered the biggest decline in more than a month Friday after policymakers in Beijing vowed to increase stock market supervision just as foreign investors continue to shy away from the world second-largest economy amid a bumpy economic recovery.
Investing.com — Arista Networks (NYSE:ANET) has been riding high on bets that it will benefit as demand for ethernet to…