Remove 2021 Remove IPO Remove Stock
article thumbnail

Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

"However, with stock trading at 25x CY27e EBIT, a premium to the peer group at 16x, we believe much of the upside is priced in." billion initial public offering raise marked the largest tech offering on Wall Street since 2021. CRWD YTD mountain CoreWeave stock since its March initial public offering.

IPO 104
article thumbnail

Analysts move to the sidelines on CoreWeave stock after big surge since IPO

CNBC: Investing

Analysts at Mizuho Securities and Stifel downgraded the artificial intelligence cloud computing stock to hold in the last 24 hours. Citigroup added to the dampening sentiment with a downside catalyst watch on the stock in a Tuesday note. CoreWeave stock has surged more than 266% over the past three months.

IPO 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Stocks: The Amazon of South Korea that's regaining investor attention after four years in exile

CNBC: Investing

Within IEMG, South Korean stocks are the fourth largest country allocation, after China, Taiwan and India. This is important to know because South Korean stocks are literally on fire this year. The company went public to a great deal of fanfare in March of 2021 during the IPO bubble. " And you're right, it is.

Stock 61
article thumbnail

Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. million users to the platform, and comes as Upgrade weighs an IPO.

Finance 245
article thumbnail

Considerations for Dual-Class Companies Contemplating M&A Transactions

The Harvard Law School Forum

Related research from the Program on Corporate Governance includes The Untenable Case for Perpetual Dual-Class Stock (discussed on the forum here ) and The Perils of Small-Minority Controllers (discussed on the Forum here ) both by Lucian Bebchuk and Kobi Kastiel. This post is based on a memorandum by Mr. Nussbaum, Mr. Roegge, Ms.

M&A 103
article thumbnail

Despite Slowdown in SPAC Activity, Opportunities Remain

The Harvard Law School Forum

SPAC activity continued to slow in the first half of 2022, a sharp decline from the number of deals and IPOs in the same period in 2021. Filings of SPAC-related securities lawsuits through the first half of 2022 are on pace to exceed the total number of SPAC-related lawsuits filed in 2021. Key Points.

IPO 85
article thumbnail

Will There Be an IPO for a Specialty Consulting Company in 2024?

Focus Investment Banking

stock markets are at or near their all-time highs. The S&P 500 has recently traded near 4800, close to its record at the end of 2021. In that environment, very few firms sought IPOs, and there was a major slowdown in overall exits, whether private or public. As 2024 starts, the U.S.

IPO 52