BlackRock Bitcoin ETF Filing Propels GBTC Shares by 57%, Slashes Discount to 30%!
Introduction The Grayscale Bitcoin Investment Trust (GBTC) has experienced a significant increase of 57% following the filing of a spot Bitcoin Exchange Traded Fund (ETF) by BlackRock, a leading asset management company, on June 15. A Look at GBTC’s Market Performance The value of GBTC shares rose from $13 on June 15 to $20.46 at […]
Groupon’s First-Quarter Results: A Mixed Bag, Retains Warning on ‘Going Concern’ Filing
Groupon Inc. reported a decrease in shares of over 1% in aftermarket trading on Wednesday, following the announcement of mixed quarterly results and a statement that it is “facing serious challenges” in remaining operational. The deals and coupons company has been struggling due to the widespread economic downturn caused by the COVID-19 pandemic, and the […]
“Bed Bath & Beyond Boldly Retracts Filing for Exciting New Share Offering!”
Bed Bath & Beyond Inc., the struggling home-goods retailer that recently filed for Chapter 11 bankruptcy protection, announced on Friday that it is requesting to withdraw its S-1 share registration statement. According to a letter sent to the SEC, the company has “determined not to proceed with an offering at this time.” The S-1 form […]