#shares

4:21pm, 9th June, 2020

Online used car seller Vroom's shares go into overdrive in Nasdaq debut

Shares of online used car seller Vroom Inc more than doubled in their Nasdaq debut on Tuesday, as the U.S. IPO market continued its recovery after the coronavirus crisis slammed the brakes on new listings.

Legend Biotech shares jump nearly 61% in U.S. market debut

11:42am, 5th June, 2020

News

Legend Biotech shares jump nearly 61% in U.S. market debut

Shares of Legend Biotech , a cell therapy unit owned by Hong Kong-listed Genscript Biotech , jumped nearly 61% in their stock market debut, signaling strong investor appetite for new listings.

Japan's Marvelous shares untraded as China's Tencent takes 20% stake

11:59pm, 25th May, 2020

News

Japan's Marvelous shares untraded as China's Tencent takes 20% stake

Shares in Japanese games maker Marvelous Inc were untraded with a glut of buy orders on Tuesday and looked set to close up at the daily trading limit of 17% after announcing China's Tencent Holdings Ltd would take a 20% stake.

Spotify new home for Joe Rogan's podcast, shares jump

7:01pm, 19th May, 2020

News

Spotify new home for Joe Rogan's podcast, shares jump

Spotify Technology SA said on Tuesday comedian Joe Rogan's podcast will be available on the music streaming platform starting Sept. 1 and will become an exclusive later this year.

Netflix adds more subscribers in first quarter, shares rise

3:32pm, 21st April, 2020

News

Netflix adds more subscribers in first quarter, shares rise

Netflix Inc on Tuesday reported more paid subscribers than expected in the first quarter, as global lockdowns to curb the spread of the novel coronavirus forced people to stay at home and watch shows online including its wildly popular "Tiger King."

Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares

10:48am, 17th April, 2020

News

Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares

Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the current quarter due to coronavirus-related lockdowns around the world and downgraded Apple Inc stock to "sell".

Nokia shares surge on report of takeover bid

1:48pm, 16th April, 2020

News

Nokia shares surge on report of takeover bid

Nokia declined to comment on Thursday on a media report saying it was working with an investment bank to defend itself from a hostile takeover, news which sent its shares sharply higher.

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

8:47pm, 13th April, 2020

News

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to the tumbling value of bets on unproven startups.

Telco shares are surprise losers as lockdown drives internet boom

6:41pm, 13th April, 2020

News

Telco shares are surprise losers as lockdown drives internet boom

As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the stocks of internet providers are an unlikely laggard on global markets.

SoftBank to abandon $3 billion deal for additional WeWork shares

9:22pm, 1st April, 2020

News

SoftBank to abandon $3 billion deal for additional WeWork shares

Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday.