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Ryan Reynolds' MNTN Shares Rise 60% After $187 Million IPO
Ryan Reynolds' MNTN Shares Rise 60% After $187 Million IPO

Bloomberg

time22-05-2025

  • Business
  • Bloomberg

Ryan Reynolds' MNTN Shares Rise 60% After $187 Million IPO

By and Anthony Hughes Save Connected TV advertising platform MNTN Inc. 's shares climbed more than 60% after the company and some of its shareholders raised $187 million in an initial public offering. Shares in the Austin-based company traded at $25.82 each as of 12:30 p.m. in New York on Thursday, above the IPO price of $16 per share, the top of the marketed range. Trading was briefly halted for volatility after the pop.

Uber Squeezes More From Aurora Stake With $1.2 Billion Bond Sale
Uber Squeezes More From Aurora Stake With $1.2 Billion Bond Sale

Bloomberg

time20-05-2025

  • Automotive
  • Bloomberg

Uber Squeezes More From Aurora Stake With $1.2 Billion Bond Sale

By and Anthony Hughes Save Uber Technologies Inc. 's $1.2 billion exchangeable bond deal, linked to its shares in a self-driving truck firm, shows why the unusual financial maneuver can be more attractive than a typical stake sale, according to observers. Last week, the San Francisco-based ride-hailing company issued exchangeable senior bonds tied to its stake in Aurora Innovation Inc. The deal was priced on favorable terms for Uber, with zero coupon and a 16.1% conversion premium that was above the marketed range.

Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports
Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

Yahoo

time16-05-2025

  • Business
  • Yahoo

Thoma Bravo sold out of remaining 7% stake in Nasdaq, Bloomberg reports

Private equity firm Thoma Bravo divested around 43M shares, or about 7.4%, of Nasdaq (NDAQ) in unregistered block trades on May 7 and May 13, selling its remaining stake for proceeds of about $3.4B, people familiar with the matter told Bloomberg's Ryan Gould and Anthony Hughes. The private equity firm worked with JPMorgan Chase (JPM) on the sale, according to the sources. Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on NDAQ: Disclaimer & DisclosureReport an Issue Shopify to join Nasdaq-100 Index starting May 19 AI Boom Delivers Monster Q1 Result and $250 Price Target for Amazon Stock (AMZN) Nasdaq (NDAQ) Seeks Approval to List Dogecoin ETF Nasdaq price target raised to $75 from $74 at Morgan Stanley Cautious Optimism: Nasdaq's Modest Gains and Hold Rating Maintained Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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