The incredible recovery of the US economy
"The economy is on fire, driven by vaccines and government stimulus," said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University in Los Angeles.
We have seen few new IPOs so far this year and a new company is coming - this time on London Stock Exchange. A company called Deliveroo is expected to make the largest debut on LSE in almost a decade. ProfitLevel has summarized all important information you need to know about the company.
The cargo ship blocked the Suez Canal
More than 80% of world trade by volume is transported by sea. Currently blocked strategic connection point - The Suez Canal will increase supply chain costs by billions of dollars.
South Korean company Coupang, which is number 1 e-commerce platform in South Korea, entered the market on Thursday11th March 2021. At the end of the day, value of its stocks closed at $49.5, what is a lot lower than its starting price on the market. Yet, it is still above its IPO price.*ProfitLevel is publishing all important information about the company and its stock market launch
On Thursday, only one day after entering the stock market, Roblox stocks climbed additional 6.3%. The company surpassed all expectations – while the market closed with the price of $73.90 yesterday, the starting price was $45.*ProfitLevel does research on what the potential of Roblox on stock market might be.
Accelerating the spread of coronavirus in Europe
The pace of full economic recovery in Europe is slowing, due to a new wave of COVID-19 infections, which has prompted new lockdowns.