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Blend Announces Pricing of Initial Public Offering

Blend Announces Pricing of Initial Public Offering
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SAN FRANCISCO, July 15, 2021 /PRNewswire/ Blend Labs, Inc. ( Blend ) today announced the pricing of its initial public offering of its Class A common stock at a price of $18.00 per share. Blend is offering 20,000,000 shares of its Class A common stock. The underwriters of the offering will also have a 30-day option to purchase from Blend up to an additional 3,000,000 shares of its Class A common stock. The shares are expected to begin trading on the New York Stock Exchange on July 16, 2021 under the symbol BLND and the offering is expected to close on July 20, 2021, subject to customary closing conditions. ....

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Blend Announces Launch of Initial Public Offering

Blend Announces Launch of Initial Public Offering
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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HP Shares Plunge As Chip Shortage May Have Peaked PC Sales

by Tyler Durden
Friday, May 28, 2021 - 08:57 AM
HP Inc shares slumped more than 5% in premarket trading Friday, despite the computer-maker beating Wall Street estimates on its top and bottom lines in its second quarter. The continuing chip shortage is likely to pressure computer sales this year and may have already resulted in peak sales.
HP reported earnings of 93 cents per share on revenue of $15.88 billion, beating the Street s top estimates by 4 cents per share and revenue expectations of $15.02 billion, according to Refinitiv data. The company has experienced huge growth in computer sales by people working-at-home to schools to businesses during the virus pandemic. ....

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