By CCN Markets: Friday’s Chewy IPO was a feeding frenzy of investor enthusiasm for this summer’s latest hot new stock. The IPO is clearly not dead in 2019, despite the brutal debuts of Lyft and Uber, which were all bark and no bite. The tremendous showing of IPOs like CrowdStrike, Fiverr, Beyond Meat, and Chewy show that Wall Street is still hungry for promising new companies with husky business prospects. The online pet retailer’s total raise topped $ 1 billion. PetSmart’s Chewy IPO Retrieves Big Profits Chewy shares (NYSE: CHWY) debuted on the stock market Friday at $ 22 per share, and
As if it wasn’t clear enough, we just got another indication that the cryptocurrency markets have soured for price speculators. One of the biggest names in the contracts-for-difference field, IG Group, has revealed that crypto CFD trading is on the decline this year.
Cryptocurrency Trading Fattens IG Group’s Profit Margins
UK-headquartered CFD and spread-betting giant IG Group (LON:IGG) has reported its quarterly results for the three months period which ended 28 February 2018, showing cryptocurrency trading had a great positive impact on its bottom line.