IPO WatchGet the latest IPO news delivered straight to your inbox the moment it's released
Investors are getting a new way to invest in the cryptocurrency boom with the arrival of Coinbase stock on the Nasdaq.
Coinbase Global, the best-known U.S.
crypto exchange, has experienced explosive growth over the past year.
It figures to be one of the hottest offerings on Wall Street this year.
But should you buy it?.
We've got answers to all your questions - including how to play this new stock...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Coinbase IPO date was recently set for April 14.
It will go the route of a direct listing and trade on the NASDAQ under the ticker COIN.
And yes, you will be able to find it on Robinhood.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
April Fool’s Day (Thursday) wasn’t a complete joke this year.
The Compass stock ticker (COMP) went live on the New York Stock Exchange April 1.
It could see some big growth in the near future as the economy opens up and real estate prices keep climbing.
But the question of whether Compass stock is a buy for the long run is a different story.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The IPO flubbed, and WeWork will now try to go public a different way.
What's changed? This company will be under a different kind of management, called a special purpose acquisition company.
Yes, they are jumping on the SPAC train.
A WeWork SPAC deal is especially interesting since the 2019 WeWork IPO became one of the biggest disappointments of the decade.
It was one of the largest real estate companies in the world, valued at $47 billion, before cutting its valuation to $10 billion and withdrawing its IPO bid.
Here's how the SPAC deal is going down, and whether or not WeWork stock is a buy.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Coupang IPO may very well be the biggest of the year.
While the Korean firm may be new to many investors, it's part of a trend you know a lot about.
In 2020 online spending represented 21.3% of total retail sales, up 44% since the previous year.
Global retail e-commerce sales for 2020 were over $4 trillion.
That is a lot of money spent online.
Enter Coupang, a Korean e-commerce titan that could go public with a valuation of around $50 billion under the ticker CPNG.
This would make it the largest IPO in a company based outside the U.S.
since Alibaba over five years ago.
Start the conversation
While Square and PayPal get all the attention, an under the radar fintech company could be one of the biggest winners of the economy re-opening this year.
I’m not talking about a small company either.
This company processed more than $44 billion in transaction volume in 2020 and plans to almost double that by 2022.
It’s projected to grow its revenue 25% just this year.
The best part is, the SPAC is trading close to its NAV, making this a prime buying opportunity.
.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
One of the most exciting SPAC mergers happening now is bringing Otonomo stock public.
While there has been a big focus on electric vehicles, charging companies, and autonomous technologies, I wanted to take a step back and think about what kind of companies can really benefit from all the changes happening in the automotive space.
Data is like oil and Otonomo is at the center of it all.
Find out how to play this breakthrough deal...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
This will be the year of the SPAC.
But not all SPACs are worth buying.
With over 200 blank-check companies reaching public markets in 2020 it pays to be selective.
Some SPAC mergers have been big let downs for investors.
But the most successful SPACs have had one thing in common: excellent management.
As a technology investor, I have been watching many of these companies form and I've been digging into the management behind each and every one of them to share with you what is on the horizon.
There are the three best SPACs to watch right now...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The chance to make 700% gains on a stock doesn’t come around everyday.
And when it does come around, you have to act.
That could very well be what we’re seeing with Starlink stock, a potential space IPO from Elon Musk.
You see, Tesla shares are up a whopping 700% this this year alone, so Musk knows a thing or two about making shareholders money on big tech breakthroughs.
.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
IPOs were red-hot in 2020.
They’re finishing the year with a revenue record of $140 billion.
The last record was in 1999 with $108 billion.
.
In case you missed out, we’ve got six monster IPOs to look forward to in 2021...
Start the conversation