Normal, IL, USA / www.cities929.com
Apr 15, 2021 2:37 PM
(The Center Square) – Heavily impacted by the COVID-19 pandemic, wineries and vineyards across Illinois are hoping to recover as warmer weather returns and restrictions loosen.
The industry faced a steep decline in revenue with gatherings restricted by Gov. J.B. Pritzker, causing events such as weddings and other large gatherings to be canceled.
Lisa Ellis, executive director of the Illinois Grape Growers and Vintners Alliance, said events are a large part of wineries and vineyards success.
“That is a whole line of revenue that our industry has been missing,” Ellis said. “The wineries and vineyards have long been a gathering place for life’s moments with engagements, weddings, bridal showers, birthday parties, and we’ve all been limited just like our friends in the hotel industry.”
Coinbase legt zum Handelsstart um 55 Prozent zu handelsblatt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from handelsblatt.com Daily Mail and Mail on Sunday newspapers.
by Tyler Durden
Tuesday, Apr 13, 2021 - 05:15 PM
Ahead of tomorrow s much-anticipated direct listing of massive crypto-exchange Coinbase, Nasdaq has just announced the company s so-called Reference Price at $250.
On April 14, 2021, the Class A common stock of Coinbase Global, Inc. is expected to list on Nasdaq through a Direct Listing using the ticker “
COIN”.
Because this security has not previously traded on any listing market and has no prior day s closing price, Regulation SHO Rule 201 will not apply to the security until its second day of trading on Nasdaq.
As a Direct Listing, COIN will be in a regulatory halt until Nasdaq opens trading pursuant to the procedures described in Rules 4120(c)(8) and (9) and 4753. Because COIN has not had recent sustained trading in a private placement market, Nasdaq is required to determine the price to use for purposes of Rule 4753(a)(3)(A)(iv)(b) and 4753(b)(2)(D)(ii).
Coinbase IPO is live: Here s what happened in the first 10 minutes invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
by Tyler Durden
Update (1500ET): COIN is crashing.
From its #381 open to its highs at almost $430, COIN is now back at $311. on its way to the $250 Reference Price.
and dragging the market with it.
implied a market capitalization of $65 billion - Coinbase (ticker symbol COIN) just opened (via Direct Listing) at $381. implying a $100 billion valuation.
It was then panic-bid above $400.
That s bigger than Vanguard, Fidelity, Zoom, and just shy of Target and Micron.
To top Goldman, COIN will have to trade at around $440.
That jump should not be a total surprise since, as CNBC notes, in the five significant direct listings that have taken place on the New York Stock Exchange - Spotify, Slack, Palantir, Asana and Roblox - the opening price was on average about 37% above the reference price.