5 Things to Watch on Wall Street This Week
From the latest program out of the leading video streaming service to an IPO that's more than a little wet, there will be plenty of news breaking in the coming days.
From the latest program out of the leading video streaming service to an IPO that's more than a little wet, there will be plenty of news breaking in the coming days.
The theme park operator is going public, probably launching its IPO this month. SeaWorld will offer 20 million shares, expecting to price them between $24-27 apiece.
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
Did you lose money on last month's Facebook IPO? How about on Groupon or Zynga? Perhaps something seemed a little off when you logged on to your brokerage account and either couldn't place an order or couldn't get confirmation that your order was placed? Congress couldn't care less.
This week on Wall Street, everyone will be watching Netflix; mutual funds will talk assets under management; we'll see earnings from some stock freshmen; NFL teams will pick their own fresh stock; and a few companies are likely to issue deja vu quarterly reports.
A million dollars isn't cool. You know what's cool? Being as wealthy as a quarter of the households in the United States combined. That may soon be the state of the Facebook founder's finances; the company plans to go public at a valuation of $100 billion dollars.
IPOs can leave your average retail investor feeling left out -- a bunch of powerful bankers and their friends getting first dibs on a hot new company. But herein lies an advantage of the recent market turmoil: Many of the most noted recently-public companies are now trading for less than their original values.
The red-hot success of recent IPOs by internet companies has investors feeling lucky. But like every bubble, Dot-Bomb version 2.0 will leave investors bruised and banker laughing. Here's how you can avoid getting burned, and cash in on the trends driving these stocks without taking on all the risk.
Wall Street can be fickle, leaving investors scratching their heads in bewilderment. Some of last week's biggest surprises, blunders, and flat-out bone-headed moves included Morgan Stanley's downgrading of Google, another step toward a LivingSocial IPO, and irrational exuberance with respect to Wendy's stock.
Fueled by strong investor demand, LinkedIn bumped up its IPO pricing range by nearly 30% to between $42 and $45 a share on Tuesday, according to its filing with the SEC. The business-focused social networking giant previously had set its initial pricing range at $32 to $35 a share on May 9.
After a few comatose years following the financial crisis, the IPO market is roaring back. And with names like Facebook and Groupon driving the rumor mill, smaller investors are wondering how to get in on the action. The answer: Carefully, thanks to the many risks.
Given recent valuations for the likes of Zynga, you'd think investors would be frothing at the mouth for any IPOs in this sector. But only a few players look serious about going public soon, and investors aren't putting as much pressure on them to jump as you'd expect.
Gevo, part of Richard Branson's Virgin Group companies, went public this week on Nasdaq. The firm sold 7.15 million shares at $15 each, which was at the high end of its estimated range of $13 to $15. On its first day of trading, the stock shot up about 16%.
Although he says he's "not exactly certain what" Groupon's appeal is, Jason Child has plenty of possibilities. And he's certain that even given the online coupon company's explosive growth, there's plenty of room for further expansion. But don't expect an IPO anytime soon.













