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DoorDash, Uber Eats Have Duopoly And Are Here To Stay, Cramer Says
Wednesday, December 9, 2020 - 10:29am | 296Read More...CNBC's Jim Cramer shared his thoughts Wednesday morning on the DoorDash (NYSE: DASH) IPO. Cramer on DoorDash: “There is an interesting duopoly developing between DoorDash and Uber Eats,” Cramer said. He referred to DoorDash having around 50% market share and Uber...
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Gene Munster On What DoorDash, Airbnb IPOs Mean For FAANG Stocks
Monday, December 7, 2020 - 4:26pm | 488Read More...Two high-profile initial public offerings will take place in the near-term, as DoorDash and Airbnb are set to become public companies by the end of the year. This could impact how investors look at FAANG stocks, according to Loup Ventures' Gene Munster. What Happened: DoorDash and Airbnb...
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IPO Outlook For The Week: Airbnb, DoorDash Lead Highly Anticipated Week
Sunday, December 6, 2020 - 11:43am | 1155Read More...The highly anticipated debuts of Airbnb and DoorDash are among the seven IPOs markets could see this coming week. Airbnb: Vacation rental company Airbnb is scheduled to go public on Thursday, Dec. 10 under the Nasdaq ticker symbol ABNB. The company plans to sell 51.9 million shares at a price...
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6 IPOs To Watch In December: Airbnb, DoorDash And More
Thursday, December 3, 2020 - 1:01pm | 1270Read More...The 2020 IPO market could end with a big bang, with several high-profile names scheduled to offer shares during December. Other companies have not confirmed dates, but could try to complete IPOs before the end of the year. Affirm: Fintech company Affirm (NASDAQ: AFRM) filed for an IPO...
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Fintech Focus For December 2, 2020
Tuesday, December 1, 2020 - 7:02pm | 2069Read More...Quote To Start The Day: It’s possible to transcend anything that doesn’t kill you. Source: David Goggins One Big Thing In Fintech: The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products....
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DoorDash Gets First Analyst Rating: Here's Why He's Bullish
Tuesday, December 1, 2020 - 11:59am | 263Read More...Food delivery company DoorDash has yet to list its stock in a public exchange, but The Street is out with its first rating. The Analyst: DA Davidson analyst Tom White initiated coverage of DoorDash's (NYSE: DASH) stock with a Buy rating and $93 price target. The Thesis: DoorDash was founded in...
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Uber, Lyft, DoorDash Can Pay Gig Workers Up To 15% Compensation In Stock Under New SEC Proposal
Wednesday, November 25, 2020 - 7:33am | 339Read More...The Securities and Exchange Commission announced a new proposal on Tuesday, which could allow companies like Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT), and DoorDash to compensate gig economy workers in equity. What Happened:...
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What The DoorDash S-1 Filing Means For Uber
Tuesday, November 17, 2020 - 9:50am | 402Read More...After months of anticipation, food delivery giant DoorDash officially filed its S-1 document on Friday ahead of its upcoming IPO. While the filing gave potential DoorDash investors their first glimpse into the company’s financials, Bank of America analyst Justin Post said it also contained...
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DoorDash IPO: 5 Key Takeaways Investors Need To Know
Friday, November 13, 2020 - 4:20pm | 585Read More...DoorDash filed its IPO prospectus Friday morning. Here is an early look at the figures and information from the company, which is expected to IPO before the end of the year with the symbol DASH. DoorDash was valued at $16 billion in an early funding round in 2020. The company raised $400 million in...
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Should Investors Get Ready For DoorDash, Instacart IPOs?
Thursday, November 5, 2020 - 3:57pm | 311Read More...The likelihood of food delivery companies DoorDash and Instacart filing for an initial public offering in the near-term improved after voters in California supported Proposition 22, CNBC reported Thursday. What Happened: DoorDash and Instacart are considered two of the top IPO candidates in 2021...
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Uber, Lyft Are Exempt From Classifying Drivers As Employees After Proposition 22 Ballot Victory
Wednesday, November 4, 2020 - 6:28am | 441Read More...California has voted in favor of Proposition 22, a ballot measure that exempts ride-hailing companies like Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) from classifying drivers as employees, reports the Wall Street Journal. What Happened: The...
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Stock Market Update For The Week Ahead: 'Positive Performance Regardless Of Which Party Wins'
Monday, November 2, 2020 - 9:40am | 1238Read More...The Past Week, In A Nutshell What Happened: Last week ended negative despite better-than-expected earnings. Remember This: “Overall market performance also tends to stall leading into an election," said Phil Mackintosh, Nasdaq Chief Economist. "Although once a result is known,...
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Fintech Focus For October 26, 2020
Sunday, October 25, 2020 - 11:22pm | 1955Read More...Quote Of The Day: Love the life you live. Live the life you love. - Bob Marley Fintech Movers: As fintech companies mature, many no longer aspire to be the best at one thing. That could mean not only new revenue sources for fintech companies, but also additional venture capital to startups and...
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Uber, Lyft Must Classify Drivers As Employees, California Appeals Court Rules
Friday, October 23, 2020 - 3:10am | 597Read More...In a setback for ride-hailing companies Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT), a California appeals court ruled on Thursday that the companies must comply with August's injunction order requiring them to reclassify the drivers as their employees,...
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Fintech Focus For August 21, 2020
Thursday, August 20, 2020 - 6:19pm | 2298Read More...Quote Of The Day: Always remember that you are absolutely unique. Just like everyone else. - Margaret Mead Fintech Movers: Insurtech startups are adding pressure to traditional insurance outfits in Asia Pacific (APAC) and beyond – both will likely need cloud adoption to survive long-term. -...













