Mid-Morning Market Update: Markets Open Higher; CarMax Profit Beats Views benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Music Business Worldwide
January 27, 2021
Photo Credit: Giorgio Trovato
Liberty Media Acquisition Corporation (LMAC), the newly formed “blank check” acquisition company launched by Liberty Media, raised $575 million in its Initial Public Offering on the Nasdaq Stock Exchange in the US last week.
The company’s 57,500,000 shares started trading at $10 per unit on January 22, under the symbol LMACU.
Citigroup, Morgan Stanley, Credit Suisse and Goldman Sachs & Co. LLC acted as joint book-running managers for the offering.
According to LMAC’s prospectus filed with the SEC, the Liberty Media offshoot was formed in Delaware on November 6, 2020 specifically for the purpose of “effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses”.
Hot Penny Stocks For Your Year-End Watch List
Are you ringing in the New Year with penny stocks? If you havenât any cheap stocks on your watch list yet, you might want to take a second look. This week has been red hot for stocks under $5 and no, it isnât because of COVID. Well, some catalysts have stemmed from pandemic-related headlines. But, for the most part, countless penny stocks have surged thanks to their own momentum and headlines. For instance, we discussed Bionano Genomics Inc. (BNGO Stock Report) this quarter and most recently, earlier this week.
Something we discuss frequently is following sector and industry trends to find âthe rising tideâ. This saying suggests that a broader trend can help catapult momentum for stocks. In this case, biotech stocks have been hot. In the case of BNGO stock, it was benefiting from a series of headlines relating to its Saphyr system. This is the companyâs platform designed for diagnostics and therapeutic data ana
Press release content from Business Wire. The AP news staff was not involved in its creation.
Central Garden & Pet To Expand Board Of Directors, Nominates Two New Independent Directors, Courtnee Chun And Daniel P. Myers
December 23, 2020 GMT
WALNUT CREEK, Calif. (BUSINESS WIRE) Dec 23, 2020
Central Garden & Pet Company (NASDAQ: CENT, CENTA) (“Central”), a market leader in the garden and pet industries, today announced that it has nominated two new independent directors, Courtnee Chun and Daniel P. Myers, for election at the Company’s 2021 Annual Shareholder Meeting on February 9, 2021. On that day, Thomas P. Colligan will retire from the Company’s Board of Directors.
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