14 April, 2017 by The TZ Newswire Staff Comments Off on Okta, Inc. IPO: What Investors Need to Know
Okta, Inc. IPO: What Investors Need to Know
Investors interested in technology have had a nice surprise this year — initial public offerings. As the trough of 2016 moves further into memory, companies such as Snap and MuleSoft have made their market debuts. On April 7, another tech unicorn went public: Okta, Inc (NASDAQ: OKTA).
The company sold 11 million shares at $17, above the projected range of $13-15, for a market cap of 1.52 billion. The stock shot up to $23 when the market opened, and today trades above $24 — almost double the initial projected range.
14 April, 2017 by The TZ Newswire Staff Comments Off on Okta, Inc. IPO: What Investors Need to Know
Okta, Inc. IPO: What Investors Need to Know
Investors interested in technology have had a nice surprise this year — initial public offerings. As the trough of 2016 moves further into memory, companies such as Snap and MuleSoft have made their market debuts. On April 7, another tech unicorn went public: Okta, Inc (NASDAQ: OKTA).
The company sold 11 million shares at $17, above the projected range of $13-15, for a market cap of 1.52 billion. The stock shot up to $23 when the market opened, and today trades above $24 — almost double the initial projected range.
14 April, 2017 by The TZ Newswire Staff Comments Off on No country named currency manipulator in Treasury report; same 6 countries on watch list
No country named currency manipulator in Treasury report; same 6 countries on watch list
China remains on the watch list
Just after the close of markets on Friday, the Treasury released its semi-annual report on the Foreign Exchange Policies of Major Trading Partners of the United States.
14 April, 2017 by The TZ Newswire Staff Comments Off on No country named currency manipulator in Treasury report; same 6 countries on watch list
No country named currency manipulator in Treasury report; same 6 countries on watch list
China remains on the watch list
Just after the close of markets on Friday, the Treasury released its semi-annual report on the Foreign Exchange Policies of Major Trading Partners of the United States.
14 April, 2017 by The TZ Newswire Staff Comments Off on Heavily-Armed Swamp Critters – Did Trump Ever Stand A Chance?
Heavily-Armed Swamp Critters – Did Trump Ever Stand A Chance?
Authored by Bill Bonner via InternationalMan.com,
By our calculation, it took just 76 days for President Trump to get on board with the Clinton-Bush-Obama agenda.
14 April, 2017 by The TZ Newswire Staff Comments Off on Heavily-Armed Swamp Critters – Did Trump Ever Stand A Chance?
Heavily-Armed Swamp Critters – Did Trump Ever Stand A Chance?
Authored by Bill Bonner via InternationalMan.com,
By our calculation, it took just 76 days for President Trump to get on board with the Clinton-Bush-Obama agenda.
14 April, 2017 by The TZ Newswire Staff Comments Off on What Investors Missed in the Market This Week
What Investors Missed in the Market This Week
The Dow Jones Industrial Average and S&P 500 both dropped lower this week, and both closed below their 50-day moving averages for the first time since November on Wednesday. Markets traded slowly into the holiday-shortened week, as they closed in observance of Good Friday. Still, there were some companies making big headlines or big moves. Here are some highlights.