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Added on the 18/04/2019 10:25:15 - 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!
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Bella Hadid teases Instagram fans with a hot new snap of her Calvin Klein shoot. How does she compare to reality star and fellow model Kendall Jenner?
Brazil has spent millions of dollars in order to facilitate the Rio 2016 Olympics, but will it all be worth it and what will happen with all the stadiums after the Games?
Millions of tickets are sold to the Olympics this year, and there is something for every budget. However the more popular the sport the more expensive the tickets.
Yes, the pokéhype is now a matter of business, 'cause now Pokémon Go is actually making money for the video games giant, Nintendo. Oh boy, and they say games are for kids.
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