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Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter.
Stock in the data-analytics software company is up more than 20% over the past seven days.
Palantir shares were headed for their longest winning streak in more than a year amid a rally in names linked to government business.
AMC is the theatrical distributor for “Taylor Swift: The Eras Tour.”
U.S. stocks end mostly higher Monday to begin the final quarter of 2023, but investors remain uneasy about rising Treasury yields.