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RGEN

EV maker Rivian shares have record drop after convertible bond offering launched

by Sam Bailey
EV maker Rivian shares have record drop after convertible bond offering launched

Shares of Rivian Automotive Inc (RIVN.O) experienced a significant drop of nearly 23%, the largest decline since their debut in 2021, after the electric vehicle manufacturer announced plans to issue …

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Instacart stock subdued as debut enthusiasm loses steam

by Sam Bailey
Instacart stock subdued as debut enthusiasm loses steam

Instacart’s stock closed nearly 11% lower on Wednesday, as the grocery delivery app joined other new stock market entrants in failing to keep up with strong gains on debut. Investors …

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SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation

by Sam Bailey
SoftBank’s Arm soars nearly 25% in market debut to  billion valuation

On September 14, SoftBank’s Arm Holdings saw a nearly 25% increase in its stock price above its Nasdaq debut price, sparking optimism among investors for a potential turnaround in the …

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