PYMNTS-MonitorEdge-May-2024

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Advisers Urge India’s Paytm Shareholders to Remove CEO
Advisers Urge India’s Paytm Shareholders to Remove CEO
August 12, 2022  |  International

India-based digital payments provider Paytm saw its shares drop to their lowest level in two weeks when a proxy advisory firm urged shareholders to oust...

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Deliveroo Stock Price Returns to IPO Levels After Long Climb Back
Deliveroo Stock Price Returns to IPO Levels After Long Climb Back
August 16, 2021  |  Delivery

Food delivery company Deliveroo finally returned to its IPO price (390 pence, or about $5.40), almost five months after the company struggled out of the...

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The Life, Death And Rebirth Of The Daily Deal
The Life, Death And Rebirth Of The Daily Deal
February 21, 2020  |  eCommerce

Groupon is out of the business of selling consumer goods — an announcement that followed yet another disappointing earnings run from the eCommerce firm. The...

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Grubhub Pays The Price Of Keeping Its Customers
Grubhub Pays The Price Of Keeping Its Customers
February 06, 2020  |  Earnings

The year 2020 is off to a rocky start for food delivery platform Grubhub. Shortly after the new year began, rumors started circulating that Grubhub...

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Casper Drops IPO Price After Lack Of Demand
Casper Drops IPO Price After Lack Of Demand
February 06, 2020  |  IPO

Casper Sleep priced its initial public offering (IPO) at $12, a low rate for its already slashed range, reports said. The company has had a...

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Groupon Gets New Activist Investor
Groupon Gets New Activist Investor
December 31, 2019  |  Investments

Richard Merage, the man who created Hot Pockets, disclosed stake that he bought in Groupon on Monday (Dec. 30). Merage and his company, MIG Capital,...

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Analyst: Apple Will See 25 Pct Jump In Stock Price Due To 5G
Analyst: Apple Will See 25 Pct Jump In Stock Price Due To 5G
December 23, 2019  |  Apple

Wedbush Analyst Dan Ives said that upcoming 5G iPhones from Apple will keep the stock in a “supercycle,” raising the stock price to $350, which...

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Shopify Stock Drops After Analyst Concerns Over Competition
Shopify Stock Drops After Analyst Concerns Over Competition
June 26, 2019  |  Investments

Shopify’s shares fell 8.9 percent on Tuesday (June 25), its biggest drop of the year. The fall comes after its shares more than doubled from...

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Uber CEO Blames Trade War For IPO Struggles
Uber CEO Blames Trade War For IPO Struggles
June 12, 2019  |  IPO

Uber CEO Dara Khosrowshahi has blamed his company’s lackluster initial public offering (IPO) on U.S. trade tensions. The ridesharing giant’s IPO was expected to be...

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