What You Should Know: - Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic. - Glooko plans to use these proceeds from this funding to accelerate organic growth and
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Retail investors aren t the only ones seeing profits from the Reddit rally that has driven up the shares of
GameStop Corp. (NYSE: GME),
BlackBerry Ltd. (NYSE: BB) and
Nokia Oy (NYSE: NOK).
What Happened: Silver Lake cashed out its equity positions in
AMC Entertainment Holdings Inc. (NYSE: AMC) during this week s trading. Reuters reports that the Menlo Park, California-based private equity firm sold its positions through several open-market transactions on Wednesday, raising $713 million.
That move was possible because of the Reddit rally and a $600 million convertible bond investment that Silver Lake made in AMC in 2018. The rally pushed the bonds past their conversion price, according to Reuters.
GameStop s landlord stops Teachers losses - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Macerich Co (NYSE: MAC), a real estate investment trust focused on shopping malls, has been one of the beneficiaries of the short squeeze rally led by .