Square (NYSE: SQ), and
Roku Inc. (NASDAQ: ROKU). A lot of these companies had an amazing performance in 2020, but might have pulled forward years of demand. Now, as the economy reopens, they face pressure to explain how they’re going to drive toward profits and how they can keep the excitement going.
It’s not like these are necessarily stocks you can consider flash in the pans. People who got used to exercising at home and invested in a PTON machine probably aren’t going to abandon it for the gym right away, or necessarily at all. And MRNA’s vaccine technology has possibilities beyond the success of their Covid vaccine, analysts recently told Barron’s. PYPL and SQ’s technology was already in demand before Covid, though the pandemic might have given them a boost.
Insurance, Tech Stocks Outpacing Insurtechs in 2021: HSCM Index May 4, 2021
Stock prices of 18 U.S. insurtechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both outperformed the insurtechs.
Hudson Structured Capital Management reported the relative findings the week of April 18 as it simultaneously unveiled a new stock index created and administered by HSCM the HSCM Public Insurtech Index, or HPIX to measure the insurtech sector’s performance in public markets.
“We believe this is the first and only index of its kind available to the public,” wrote Adrian Jones, a managing director of HSCM and a partner in HSCM’s Insurtech group, in a LinkedIn post.
Here s My Ride: Lyft Up After Close And Uber Tomorrow For Glimpse At Reopening Economy forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
OboTech Acquisition SE Listed On The Frankfurt Stock Exchangesâ Regulated Market Since Today Date
04/05/2021
As of today, OboTech Acquisition SE (ISIN: LU2334363566) has been listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange. The company is a SPAC – a Special Purpose Acquisition Company. According to the issuer, its objective is to acquire an operating company with principal business operations in a member state of the European Economic Area, the United Kingdom or Switzerland in the real estate technology ( Proptech ) and climate technology ( Climatech ) sectors.
The shares had an initial listing price of €10.00. The issue price was €10.00. The listing was accompanied by J.P. Morgan, which is also acting as designated sponsor on Xetra. Specialist on the trading venue Börse Frankfurt is Baader Bank.