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AMC Raises Millions

The largest movie theater chain in the world, AMC (NYSE: AMC), recently announced that it raised $230.5 million from a share sale to Mudrick Capital. This announcement had the stock up and trading around $30 per share in the early afternoon...

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What to Expect From the IPO Market

There have been 483 IPOs so far in 2021. However, the market could be approaching a slowdown in the second half of 2021. Wealth Daily editor Monica Savaglia explains why that might not be a bad thing…

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What Might the Future of Biotech Look Like?

What Might the Future of Biotech Look Like?
Posted May 11, 2021
Before last year, companies like Moderna (NASDAQ: MRNA), Pfizer (NYSE: PFE), AstraZeneca (NASDAQ: AZN), and BioNTech (NASDAQ: BNTX) were most likely unknown to you. They probably weren’t even on your radar unless you're a person who keeps up with biotech companies, and even still, there are
a lot of biotech companies so it’s hard to keep up with all of them and what they're working on.
If it wasn’t for the coronavirus pandemic, I doubt that Moderna, Pfizer, AstraZeneca, and BioNTech would have become such household names. These companies stepped up in a time of need to develop and manufacture vaccines for COVID-19. It was their time to shine and they took advantage of the opportunity to bring awareness to their company and what they specialize in.

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Apple Plans to Create an East Coast Hub

Apple Plans to Create an East Coast Hub
Posted April 27, 2021
Apple (NASDAQ: AAPL) announced that it will be spending over $1 billion on a new campus in the Raleigh, North Carolina, area. This new campus is expected to employ 3,000 people who work in the technology industry in areas like software engineering and machine learning. This move from Apple will bring new job opportunities to North Carolina and the east coast. It will attract tech workers in the area and others who are looking to move out of other major cities searching for a new environment and work.
As you probably know, Apple has been a major player in the technology industry. Its headquarters is in Cupertino, California, which is where most of its engineering has taken place over the years. The plans for a North Carolina hub are just the continuation of Apple’s plans to spread its brand throughout the U.S. The company’s $1 billion campus in Austin, Texas, is expected to open in the next year. This means Apple will have hubs on the east coast, west coast, and in the south of the U.S.

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Impossible Foods Targets a $10 Billion Valuation

Impossible Foods Targets a $10 Billion Valuation
Posted April 13, 2021
The IPO rumor mill is swirling with news that Impossible Foods could be preparing for a $10 billion IPO. Yes, you read that right — $10 billion.
If you aren’t familiar with the company, it develops plant-based substitutes for meat products — similar to recently the IPO'd Beyond Meat (NASDAQ: BYND). You could say that Beyond Meat sort of started the craze for plant-based food alternatives and substitutes for meat products with its IPO. There weren't too many people talking about plant-based alternatives until the news of Beyond Meat’s market debut. Now, most grocery stores have a special (and growing) section for plant-based alternatives.

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Coinbase Market Debut Date Has Been Set

Coinbase Market Debut Date Has Been Set
Coinbase has announced that it expects to go public next week on Wednesday, April 14.
Coinbase Global Inc. is the largest U.S. cryptocurrency exchange. The company reports it has 2.8 million users who are making monthly transactions as well as 43 million verified users. The company’s prospectus says its mission is to "create an open financial system for the world." Coinbase started in 2012 when its creators had the idea that "anyone, anywhere, should be able to easily and securely send and receive bitcoin, the first crypto asset."
When Coinbase emerged on the cryptocurrency scene, the crypto world didn’t look anything like it does now. In the summer of 2012, Bitcoin saw highs slightly above $15; it didn’t rise above $15 again until the new year. Then, in 2017, it had a bit of a resurgence and reached a record high of $20,089 on December 17, 2017, according to Investopedia.com. As of April 5, 2021, the price of Bitcoin was around $58,600.

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Coinbase Delays Public Debut to April

Coinbase Delays Public Debut to April
wealthdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthdaily.com Daily Mail and Mail on Sunday newspapers.

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Americans Plan to Use Stimulus on Stocks

Millions of Americans are awaiting the arrival of their stimulus checks after President Joe Biden signed the $1.9 trillion American Rescue Plan into law last week. Once their stimulus check arrives, many plan to invest at least 50%. Are you one of them?

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The Gaming Market Gets a Big Boost From The Pandemic

The Gaming Market Gets a Big Boost From The Pandemic
wealthdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthdaily.com Daily Mail and Mail on Sunday newspapers.

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A March IPO for Robinhood?

A March IPO for Robinhood?
Posted March 2, 2021
The popular trading platform Robinhood has been the topic of many discussions over the past month, especially with all the news involving GameStop (NYSE: GME) and its unexpected rally. Well, it appears that the company could be benefiting from that publicity and riding the tailwinds of the rally by possibly announcing its filing and a soon-to-be public offering.
An IPO from Robinhood has been highly anticipated for a few years now. Just when you think the company has everything in order and it’s going to announce that it has filed its S-1 with the SEC — it doesn’t. There were rumors that Robinhood could go public in 2020, but as you already know a lot of what we expected out of 2020, unfortunately, didn’t come to fruition. With that being said, we know that the IPO market had an incredible second half of the year in 2020. That’s when I started to hear those whispers of how Robinhood could have a 2021 IPO.

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