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Shares of U.S. medical supplies giant Medline jumped in its debut on the Nasdaq on Wednesday after the biggest initial public offering of the year globally. The stock opened at $35, up from its $29 IPO price. Shares closed up more than 41% at $41 a share, bringing Medline’s market capitalization to roughly $54 billion. […]
Omar Marques | Sopa Images | Lightrocket | Getty Images Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its initial public offering. The stock opened at $69.69, or 34% above its IPO, pushing its market cap to $5.6 billion. Shares were last up […]
For months, Instagram has watched and waited to see what would happen to rival TikTok under a new federal law that would ban the app in the United States. On Sunday, the day that law took effect, Instagram pounced. The social media app, which is owned by Meta, announced a new app called Edits, a […]
Unrivaled 3-on-3 women’s basketball league Courtesy: Unrivaled Unrivaled, a new 3-on-3 women’s professional basketball league, launches Friday, presenting both a major test and opportunity for women’s sports to boost its growing profile in the United States. The league, co-founded by WNBA superstars Napheesa Collier and Breanna Stewart, has already announced deals with a dozen sponsors […]
