Description
Added on the 09/05/2019 18:13:28 - Copyright : Wochit
Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!
Japanese messenger app Line defies volatile markets with an IPO price range showing strong demand from investors at a time when many companies are scrapping plans to go public. Graham Mackay reports, the company is pitching plans for Asia, but may also be eyeing up a market in the U.S.
Uber could raise up to $1 billion in a bond deal that signals it's preparing to go public, says the Wall Street Journal. Fred Katayama reports.
US National Security Advisor Jake Sullivan says that North Korea will pay the "price" if it supplies Russia with arms, during a press briefing at the White House. SOUNDBITE
UN Secretary General Antonio Guterres says that Russia's decision to exit the Ukraine grain deal will "strike a blow to people in need everywhere." SOUNDBITE
US Secretary of State Antony Blinken, holds a press conference during which he warns that the developing world "will pay the price" if Russia does not extend its grain deal. IMAGES
|
Support : Technical 
- Content 
- Editors 
