Opening Bell: 12.17.20
Opening Bell: 12.17.20 At last an IPO no one wants; another SPAC deal; bitcoin surges; Clayton continues tidying up; and more! Author: Dec 17, 2020 Metropolitan Transportation Authority of the State of New York, CC BY 2.0 , via Wikimedia Commons At last an IPO no one wants; another SPAC deal; bitcoin surges; Clayton continues tidying up; and more! The stock of ContextLogic Inc. closed at $20.05, valuing the company at $14.32 billion. On Tuesday, ContextLogic priced its IPO at $24 a share…. Before Wish’s listing, only 13 of 85 U.S.-listed IPOs valued at or over $10 billion declined on the ...
Source: dealbreaker.com