Us stock market open time

DoorDash Inc. ( DASH ) opened for trading on the NYSE at 12:43 p.m. on Wednesday, Dec. 9, coming public at $182. The initial public offering (IPO) was priced at $102, but strong demand induced lead underwriters The Goldman Sachs Group, Inc. ( GS ) and JPMorgan Chase & Co. ( JPM ) to offer a higher price. The close at $189.51 translates into a market valuation of $60.2 billion, or about twice as high as rival Uber Technologies, Inc. ( UBER ) on a revenue basis. Key Takeaways DoorDash came public at $182 on Wednesday and closed at $189.51. The IPO opening print can be used to define support or resistance , depending on short-term momentum. This magnetic price level can come into play months or years after a company comes public. The company booked $1.9 billion in revenue in the first nine months of 2020, more than triple the $587 million earned in the same period in 2019. It posted a net loss of $149 million, much lower than last year’s $533 million … [Read more...] about DoorDash (DASH) Opening Print Could Offer Profitable Trades

Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. Volatility, uncertainty, and unpredictability have been go-to words for writers and analysts tasked with writing about markets in the past few years. That’s not changed despite the market taking a bearish turn. Just a while ago, it seemed like the mother of all bloodbaths was just around the corner. No, what you saw was a mere prelude, they said. But the markets are on a different trip now. At 12.45 pm, the Sensex was up 1.2 percent above Friday’s close and 4 percent above its recent low made in mid-June. What is this, a bear market rally and how many dead cats will bounce before none are left? Can somebody call the bottom already? Close This time, the white flag waved by the bears has the “we … [Read more...] about Moneycontrol Pro Panorama | ​Can somebody call the bottom already?

Key Takeaways Analysts estimate adjusted EPS of $0.03 vs. -$0.16 for Q2 FY 2020. Aviation segment revenue is expected to post its first increase in six quarters. Companywide revenue in Q2 is expected to improve YOY for the first time in three years. General Electric Co. ( GE ) has suffered a string of earnings declines, losses and falling revenue during the COVID-19 pandemic and resulting economic disruption. That poor performance has come amid GE's massive restructuring over the past several years, which has included selling assets and paying down debt. GE may raise more than $20 billion on the coming sale of its aircraft leasing unit, and some analysts expect GE to exit its healthcare business as well. Investors will watch for signs of a turnaround when GE's reports earnings for Q2 FY 2021 on July 27 before market open. Analysts anticipate improvement on a year-over-year (YOY) basis, with both adjusted earnings per share ( EPS ) and revenue rising. … [Read more...] about GE Q2 2021 Earnings Preview: What to Look For

- A + A KUALA LUMPUR (June 27): Here is a brief look at some corporate announcements and news flow on Monday (June 27) which include Dagang NeXchange Bhd, MyNews Holdings Bhd, AirAsia X Bhd, Spritzer Bhd, Sapura Energy Bhd, Pertama Digital Bhd, Southern Cable Group Bhd, Tenaga Nasional Bhd and Reach Energy Bhd. Dagang NeXchange Bhd (DNeX) signed a memorandum of understanding with Saudi Arabia-based Ajlan & Bros Holding Group (Abilitii) to explore business synergy between the two companies. DNeX said the companies will look into business collaboration in technology, software products and platforms for facilitating trade, oil and gas production and trade, software development, system integration and consultation services. MyNews Holdings Bhd posted its ninth consecutive quarter in the red, with a net loss of RM10.22 million for the second quarter ended April 30, 2022, from RM10.32 million a year ago. The results came amid higher revenue, offset by higher cost … [Read more...] about DNeX, MyNews, AAX, Spritzer, Sapura Energy, Pertama Digital, Southern Cable, TNB, Reach Energy

Share to Twitter Share to Linkedin One of the biggest challenges for any purpose-led brand pursuing game-changer status isn’t breeding a fanbase who ‘get it’ but selling a vital new narrative to the hardcore apathetic. For fashion, mired in climate crisis and battling the clock to cultivate a circular economy, retuning fans’ mindsets (America throws away and 2150 pieces of clothing every second and even people with positive eco intentions are loathe to sacrifice what they perceive as an identify-defining hobby ) is now mission imperative. Dutch fashion brand 1/OFF Paris, whose couturiers splice together or respectfully reinterpret iconic vintage garments to create ultra-covetable new pieces (think: a Levi’s denim jacket with Chanel’s quintessential ladies-who-lunch tweed; double layered jeans; or two oversized classic men’s blazers tailored into a freshly feminized silhouette) is doing just that. Selling to an audience including legions of the … [Read more...] about 1/OFF Paris: 400% Growth For The Upcycled Fashion Brand Taking Sustainability To Luxury’s Eco-Apathetic