CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways
CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the holding company CoinShares PLC. The transaction, first announced in September and closed late Tuesday, values the business at about $1.2 billion and included a $50 million strategic […]
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After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day. After making unwanted headlines with its disappointing initial public offering (IPO) debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in recent days. In an ironic twist that saw the price of HOOD stocks soar by as much as 82% in one day, the app that has so often been the beneficiary of frenzied meme stock trading itself began to resemble the latest online craze.Since....
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Vision Hill's Dan Zuller runs through his 10 takeaways from institutional crypto investing, and looks ahead.
It is “IPO season” in the stock market, and among the companies going public for the first time, is food-delivery firm DoorDash. In its stock market debut, the individual share price brought the total market cap above the entire Ethereum market cap instantly. One analyst calls DoorDash’s debut the “the most ridiculous IPO of 2020,” […]
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