Initial public offerings

Customers sit inside a Luckin Coffee shop at a shopping center in Beijing, Saturday, May 18, 2019. Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. (AP Photo/Mark Schiefelbein)
May 18, 2019 - 4:43 am
NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in...
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May 17, 2019 - 4:54 pm
NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in...
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FILE - In this Thursday, April 18, 2019, file photo, Pinterest co-founder and chief product officer Evan Sharp, left, and fellow co-founder & CEO Ben Silbermann, right, watch as company communications manager Enid Hwang rings a ceremonial bell when their IPO begins trading on the New York Stock Exchange floor. Pinterest, fresh off its initial public offering, is reporting a smaller loss in the first quarter, boosted by higher revenue, but its outlook was below expectations and shares slumped in after-hours trading. (AP Photo/Richard Drew, File)
May 16, 2019 - 5:25 pm
SAN FRANCISCO (AP) — Pinterest, fresh off its initial public offering, posted a loss for the first three months of the year that was larger than analysts were expecting, though revenue was slightly stronger. Its revenue forecast, though, was slightly below expectations and its shares slumped in...
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Uber CEO Dara Khosrowshahi, left, talks with specialist Peter Giacchi before his stock begins trading at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 13, 2019 - 10:03 am
NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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Uber CEO Dara Khosrowshahi center, shakes hands with a trader after his company's initial public offering begins trading at the New York Stock Exchange, Friday, May 10, 2019. He is flanked by Uber's Chief Legal Officer Tony West, left, and board member Ryan Graves, right. (AP Photo/Richard Drew)
May 13, 2019 - 8:33 am
NEW YORK (AP) — Uber shares are down 7% and trading below $40 before the opening bell. Monday will be the ride-hailing company's first full day of trading after its rough initial public offering Friday when it offered shares for $45 each. It's rare to see shares in a tech company hit so hard on...
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FILE - In this Friday, March 29, 2019 file photo, Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, to mark trading on the Nasdaq exchange under the ticker symbol "LYFT." A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Ringo H.W. Chiu)
May 11, 2019 - 3:40 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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FILE - In this Wednesday, May, 8, 2019 file photo, drivers for ride-hailing companies Uber and Lyft hold a rally at a park near Los Angeles International Airport. Some drivers for ride-hailing giants Uber and Lyft turned off their apps to protest what they say are declining wages as both companies rake in billions of dollars from investors. A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies’ stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Damian Dovarganes)
May 11, 2019 - 10:34 am
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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May 11, 2019 - 10:05 am
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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Stock trader Gregory Rowe works at the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 5:07 pm
Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when...
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Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 5:05 pm
NEW YORK (AP) — After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its future prospects for profitability. The ride-hailing company injected investors with a dose...
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