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Fast Growing Non-Alcoholic Spirits Brand Hits £100m Valuation

5th May 2021 Lyreâs, one of the worldâs leading independent non-alcoholic spirits brands, has completed a seed-plus funding round valuing the business at over Â£100m amid a rapidly expanding no/low alcohol spirits category. This milestone has been achieved in under 24 months of trading, during which time Lyreâs has become one of the most widely distributed non-alcoholic spirits brands â now available in 43 countries â generating double-digit monthly revenue growth with annualised sales on course to exceed Â£35m by the fourth quarter of this year. Lead institutional investors introduced in the latest funding tranche – Lyreâs third round since inception – include US-based Morgan Creek Capital Management (early-backers of Alibaba, SpaceX, Lyft, Drizly NinjaVan and Allbirds) and Bitburger Ventures (the investment arm of the German brewing dynasty). These enterprises joined existing investors, DLF Venture, VRD Ventures, SFO GmbH, Maropost Ventures

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Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown

(Corrects spelling of ‘Brian’ in 14th paragraph.) FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton NEW YORK (Reuters) -An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for the market overall,” said Doug Foreman, chief investment officer of fund manager Kayne Anderson Rudnick, who expects the broad U.S. market will offer “single-digit returns” for the rest of 2021.

United statesTiger asiaKayne anderson rudnickDavid gregorioMichael wilsonJoe bidenEsty dwekLamar villereMegan daviesDavid randallThomson reuters trust principlesMorgan stanleyVillere coUnited airwaysViacomcbs incAmerican airlines

As small-cap stocks lag, Wall Street worries about broad slowdown - Netscape Money & Business

As small-cap stocks lag, Wall Street worries about broad slowdown By David Randall By David Randall NEW YORK (Reuters) -An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. The easy money has been made for small caps and for the market overall, said Doug Foreman, chief investment officer of fund manager Kayne Anderson Rudnick, who expects the broad U.S. market will offer single-digit returns for the rest of 2021.

United statesTiger asiaKayne anderson rudnickDavid gregorioMichael wilsonJoe bidenEsty dwekLamar villereMegan daviesDavid randallBrian jacobsenMorgan stanleyVillere coAmerican airlinesUnited airwaysViacomcbs inc

As small-cap stocks lag, Wall Street worries about broad slowdown

As small-cap stocks lag, Wall Street worries about broad slowdown
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.

United statesTiger asiaKayne anderson rudnickEsty dwekLamar villereBrian jacobsenMichael wilsonJoe bidenMorgan stanleyVillere coAmerican airlinesUnited airwaysViacomcbs incDoug foremanPresident joe bidenGlobal thematics