PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

Report: Klaviyo Considers Pricing IPO Above Indicated Range
Report: Klaviyo Considers Pricing IPO Above Indicated Range
September 19, 2023  |  IPO

Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation...

READ MORE >
Investors Withdraw $500 Million From Crypto Products in 9 Weeks
Investors Withdraw $500 Million From Crypto Products in 9 Weeks
September 18, 2023  |  Cryptocurrency

The cryptocurrency market has seen substantial outflows over the last nine weeks, with investors withdrawing close to half a billion dollars from crypto products. The...

READ MORE >
Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
September 18, 2023  |  Economy

Just a few weeks from now, federal student loan payments resume, ending a moratorium that had been in place since the onset of the pandemic...

READ MORE >
CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
September 18, 2023  |  Connected Economy

The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations. Citi added...

READ MORE >
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
September 15, 2023  |  Stock Index

The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself...

READ MORE >
Robinhood’s Monthly User Numbers Continue to Dip
Robinhood’s Monthly User Numbers Continue to Dip
September 14, 2023  |  Business

Robinhood’s monthly active user (MAU) base continues to shrink. The trading platform announced Wednesday (Sept. 13) that its MAUs for August came to 10.6 million. That’s down from...

READ MORE >
German Footwear Brand Birkenstock Announces Plans for IPO in New York
German Footwear Brand Birkenstock Announces Plans for IPO in New York
September 13, 2023  |  Retail

Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept....

READ MORE >
Zilch Considers London Stock Exchange for IPO
Zilch Considers London Stock Exchange for IPO
September 01, 2023  |  IPO

Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant,...

READ MORE >
CE 100 Index Gains 0.5%, Led by Affirm’s Post-Earnings Surge 
CE 100 Index Gains 0.5%, Led by Affirm’s Post-Earnings Surge 
August 28, 2023  |  Connected Economy

The CE 100 Index gained 0.5% in a week that reversed what felt like a long-standing trend — where all pillars lost ground, time and...

READ MORE >