PYMNTS-MonitorEdge-May-2024

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Uber’s First Investors Could Make About $1.3B From IPO
Uber’s First Investors Could Make About $1.3B From IPO
April 26, 2019  |  Investments

The earliest investors in ride-hailing company Uber are looking to sell about $1.3 billion in shares during the company’s initial public offering (IPO) next month,...

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Amazon’s One-Day Shipping Sends Target, Walmart Shares Toppling
Amazon’s One-Day Shipping Sends Target, Walmart Shares Toppling
April 26, 2019  |  Delivery

Amazon announced on Thursday (April 25) that it was going to make one-day shipping standard for all Amazon Prime members. Shares in retail giants Walmart...

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Starbucks Stock Reaches All-Time High
Starbucks Stock Reaches All-Time High
April 25, 2019  |  Markets

Starbucks shares have reached a record high ahead of expected Q2 earnings, according to a report by Bloomberg. Morgan Stanley analyst John Glass wrote that...

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Beyond Meat Looking To Raise $183.8M From IPO
Beyond Meat Looking To Raise $183.8M From IPO
April 23, 2019  |  Retail

Plant-based meat maker Beyond Meat is looking to raise up to $183.8 million from an initial public offering (IPO). According to Reuters, the company’s latest filing...

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Chinese Coffee Co. Luckin Files For US IPO
Chinese Coffee Co. Luckin Files For US IPO
April 22, 2019  |  Investments

The Starbucks rival in China, the Beijing-based Luckin Coffee, has filed for an initial public offering (IPO) in the United States with a valuation of...

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Investors Sue Lyft Over Overhyped IPO
Investors Sue Lyft Over Overhyped IPO
April 18, 2019  |  Legal

Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they say led to...

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With Apple Patent Dispute Over, Qualcomm Stock Surges
With Apple Patent Dispute Over, Qualcomm Stock Surges
April 17, 2019  |  Apple

After winning a major victory in its legal dispute with Apple, Qualcomm saw its shares surge 23 percent for its biggest gain in more than 19...

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Spotify Shares Sink On Amazon Music News
Spotify Shares Sink On Amazon Music News
April 16, 2019  |  Amazon

Reports that Amazon is planning to launch a free ad-supported music service caused Spotify shares to fall 4 percent on Monday (April 15). According to Reuters,...

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Lyft’s Rough Ride On The Stock Market Continues
Lyft’s Rough Ride On The Stock Market Continues
April 15, 2019  |  IPO

It’s been a rough ride for Lyft with the approach of Uber’s initial public offering (IPO), and that dim trend continued on Monday (April 15)....

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