Earnings Results: Wynn to take online-gambling arm public with help of a SPAC
Wynn Resorts Ltd. is spinning off its online-gambling attempt as the casino company seeks to break into more states that are legalizing sports gambling and other online options......»»
Wynn Resorts to create separate online gambling company via SPAC deal
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations
Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»
Earnings Results: Wish stock was already half off the IPO price, and earnings are pushing the price lower
The parent company of Wish has seen its stock deeply discounted since its initial public offering, and the price was slashed yet again in late trading Wednesday......»»
Earnings Results: Wish stock plunges after earnings, is more than half off the IPO price
The parent company of Wish has seen its stock deeply discounted since its initial public offering, and the price was slashed yet again in late trading Wednesday......»»
Earnings Results: ThredUp stock falls after first post-IPO earnings report
Shares of ThredUp drop nearly 8% late Wednesday as investors gave the cold shoulder to both online secondhand retailers reporting quarterly results in the extended session......»»
Earnings Results: Vroom stock soars after online car seller narrows quarterly loss, sales rise
Share.....»»
Earnings Results: Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate
Uber Technologies Inc.'s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its self-driving unit helped produce the smallest quarterly loss in its history as a public company......»»
Earnings Results: Etsy stock falls more than 7% after earnings
Etsy Inc. stock drops late Wednesday after the online marketplace's sales dropped from runaway fourth-quarter sales......»»
The Ratings Game: Carvana stock rallies after BofA analyst says buy ahead of earnings
Shares of Carvana Co. surged Monday, after BofA Securities analyst Nat Schindler turned bullish on the online car-buying company less than a week before first-quarter results are due, citing signs of "robust demand" and an inventory rebound......»»
Online sports betting and gaming company Super Group to go public via merger with SPAC Sports Entertainment Acquisition
SGHC Ltd., or Super Group, the holding company for online sports betting and gaming businesses, said Mond.....»»
A SPAC backed by an LA Dodgers co-owner will take online ticket marketplace Vivid Seats public at a $2 billion valuation
Vivid Seats is poised to take advantage of pent-up demand to attend sports, concerts, and theater events as pandemic restrictions ease. LA Dodgers owners of Guggenheim Baseball Management, LLC - (from left) Stan .....»»
Goldman Sachs Says Buy These 3 Top Gaming Stocks Now Before Earnings
Goldman Sachs says that now is the time to buy shares of three online gambling and sports betting stocks ahead of upcoming earnings reports. Offered outstanding entry points, they are great long-term........»»
NewsWatch: Buy bank stocks after Citi, Goldman Sachs, BoA and JPMorgan earnings wowed, says this research group
Coinbase’s hotly-anticipated initial public offering hogged the spotlight on Wednesday, eclipsing blowout results from banks, which kicked off earnings season with a bang......»»
Coinbase IPO vs Big Bank Earnings
Cryptocurrency exchange Coinbase is coming public Wednesday, the same day that three of the nation's banks report first-quarter results. Which is the bigger story?.....»»
Joann Inc. shares rise on strong earnings report
Fabric and craft retailer Joann Inc. reported strong fiscal year-end results Thursday — the company's first earnings report since going public again on March 12. For all of fiscal 2021, ended Jan. 30, Joann reported net sales of $2.8 bill.....»»
Arts-and-crafts retailer Joann swings to a profit
Arts-and-crafts retailer Joann Inc. shares rose 5% after announcing fourth-quarter results that swung to a profit. This was the first earnings announcement for the company after going public on Marc.....»»
Cazoo to go public in SPAC deal at $7 billion valuation
U.K. online car retailer Cazoo Holdings said it's agreed to be bought by special purpose acquisition AJAX I in what said was an enterprise value of $7 billion. Terms c.....»»
The Wall Street Journal: Startups Axios and the Athletic discuss merger, consider SPAC deal
Sports-media outlet the Athletic is in merger talks with news startup Axios, according to people familiar with the matter, part of a plan to build a larger online-publishing company that could include going public through a blank-check firm......»»
Earnings Outlook: GameStop earnings countdown: But what’s the fun in fundamentals, say Reddit traders on the rocket emoji launchpad
The online army devoted to buying shares in GameStop has made it clear that they “like the stock,” and not even the company's first earnings results since its Reddit-fueled rally will change that opinion......»»
IBuying Real Estate Company Offerpad Purchased In SPAC Led By Former Zillow CEO
A new public entrant in the online buying and selling of homes has emerged with a SPAC deal announced Thursday. read more.....»»