Forge Global Explores Sale as Stock Plunges 90% Since 2021 IPO
Private startup trading platform Forge Global seeks buyers after market value crashes to $200M. Cash reserves drop as revenue falls short of promises made during pandemic-era listing.
Private startup trading platform Forge Global seeks buyers after market value crashes to $200M. Cash reserves drop as revenue falls short of promises made during pandemic-era listing.
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Citigroup dismissed as "baseless speculation" a Bloomberg report that it is considering buying a U.S. regional bank. The bank says it remains focused on organic growth and completing its turnaround under CEO Jane Fraser.
US appeals court overturns $16.1 billion judgment against Argentina in the YPF nationalization lawsuit. A major victory for President Milei that clears the path for Argentina’s return to international markets.