Another little-known Chinese stock is soaring with a one-day price gain of more than 5,000% in its IPO debut
14 days ago - By Business Insider
A trader works at the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022. Michael Nagle/Xinhua via Getty Magic Empire Global stock soared as much as 5,799% in its IPO debut on Friday. The move in the Hong Kong-based stock comes just days after shares of AMTD Digital saw a wild rally of more than 32,000% from its IPO debut. One thing in common both companies have is the low-float nature of their shares outstanding. Shares of Magic Empire Global soared as much as 5,799% in its IPO debut on Friday as another obscure Hong Kong-based company saw wild trading activity...
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
IMF fees on war-torn countries closer to elimination
WASHINGTON - The International Monetary Fund is facing pressure to reevaluate how it imposes fees on loans it disperses to needy countries like war-torn Ukraine - which is one...
Bitcoin Prices Fall Off A Cliff To Hit Lowest Since Late July-What Drove...
Bitcoin prices suffered an abrupt drop today, and then they continued to push lower. What caused these latest declines? Multiple analysts offer their point of view.
John Carmack's AGI startup raises $20 million from Sequoia, Nat Friedman and...
John Carmack, the game developer who co-founded Id Software and served as Oculus's CTO, is working on a new venture - and has already attracted capital from some big...
Tech stocks lead Wall Street lower, breaking winning streak
Technology stocks led Wall Street lower, leaving major indexes in the red for the week. The benchmark S&P 500 index gave back 1.3% Friday, breaking a four-week winning streak...
CNBC in 5 minutes: All the buy, sell and hold stock calls from Friday
A recap of Friday's best stock picks on CNBC.
Capital Market View: Update on Spreads and Issuance
The U.S. high-yield corporate bond market is staging a comeback.
Canada Weekly: Reflections on Inflation
We dive into the latest inflation measures and assess the Bank of Canada's strategy.
Stocks fall broadly, S&P 500 set to break winning streak
Stocks fell on Wall Street, putting the S&P 500 index on track to break a four-week winning streak. The benchmark index was off 1.3% in afternoon trading on Friday. The Nasdaq...
Economic Roundup: Canada's Inflation Cools, U.K.'s Heats Up
Globally, consumers are navigating through sustained and elevated inflation.
Realtor.com Reports Weekly Inventory Up 27% Year-over-year; New Listings...
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released yesterday from Chief Economist Danielle Hale: Weekly Housing Trends...