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From the Chat Room to the Board Room – Knowing Your Meme Stock | King & Spalding - Vimarsana News

From the Chat Room to the Board Room – Knowing Your Meme Stock | King & Spalding

To embed, copy and paste the code into your website or blog: What to consider to avoid a spiral, if your company is the next to go viral. The recent meteoric rise (and subsequent fall) of GameStop, AMC Theaters and a host of other “meme stocks” has prompted hedge funds, investment bankers, regulators and public company executives to critically re-examine their preparedness for extraordinary market volatility.  The meme stock phenomenon is unique in numerous respects that have been well documented.  What has drawn less attention, however, is the fact that the phenomenon highlights how ot...

Road travel deadly, schools shuttered amid freeze that could strain power grid - Vimarsana News

Road travel deadly, schools shuttered amid freeze that could strain power grid

A blast of arctic air and sheets of freezing rain that pelted much of North and Central Texas left icy accumulations that made road travel deadly, downed power lines, canceled school activities and was expected to strain the state's electrical grid. Icy and slick roads across the state caused multiple fender-benders and at least two massive highway crashes. In Fort Worth, five people were killed in a 70-vehicle pileup. In Austin, just outside Cedar Park, five people were hospitalized after a 26-vehicle pileup on Texas 45. Before Thursday's rain, Texas Department of Transportation officia...

Markets shock in 2020 gives way to IPO boom - Vimarsana News

Markets shock in 2020 gives way to IPO boom

Markets shock in 2020 gives way to IPO boom 28 Dec, 2020 04:00 PM 3 minutes to read The US$300b flotation boom included the public debuts of high-flying tech businesses such as DoorDash and Airbnb. Photo / Getty Images Financial Times By: David Carnevali, Eric Platt, Camilla Hodgson and Hudson Lockett Companies raised more money through stock market listings in 2020 than in any year besides 2007, as a rebound in equities valuations lured in businesses and blank-cheque acquisition vehicles rushed to list in the US. Businesses raised almost US$300 billion ($422.4b) through flotations globally i...

What can go wrong? Investors' views on the big risks to markets in 2021 - Vimarsana News

What can go wrong? Investors' views on the big risks to markets in 2021

What can go wrong? Investors' views on the big risks to markets in 2021 27 Dec, 2020 04:00 PM 7 minutes to read Financial Times Against a rosy consensus, dangers lurk in inflation, a virus setback, and the sheer weight of optimism. The outlook for markets in 2021 among investors and analysts is easy to describe: cautious optimism. Almost universally, fund managers believe the year will bring a rebound in economic activity, supporting assets that have already soared in value since the depths of the pandemic crisis in March, but also lifting sectors that had been left behind. ...