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NYSE New 52-Week Highs And Lows
Altimeter Growth Corp. Business Combination Partner Grab Reports Q1 Adj. Net Sales $507M, Up 39% YoY
Rumor has it that Grab will list in the United States and Israel at a valuation of more than 300 billion, the largest in history.
Grab Holdings Inc, a ride-hailing giant in Southeast Asia. Will seek to go public in the United States through a special purpose acquisition company (SPAC). Foreign media quoted people familiar with the matter as saying that Grab will cooperate with companies under the US venture capital company Altimeter to list through SPAC. If successfully listed, the valuation is expected to reach nearly 40 billion US dollars, making it the largest SPAC listing in history. According to the report, Grab will work with Brad Gerstner's Altimeter Capital Management blank check company (
Altimeter Growth Corp Shares Spike Following Dow Jones Report Grab Is In Talks To Go Public Through SPAC Merger With SPAC Backed By Altimeter
Lagarde: the European Central Bank will continue to support corporate capital needs and financing conditions will not be tightened prematurely.
ECB President Christine Lagarde said in a speech that the ECB "will help ensure that companies and households get the money they need to weather the storm and assure them that financing conditions will not be tightened prematurely when they do so."
NASDAQ and NYSE sue SEC for trying to block market data-related reforms
Nasdaq and the New York Stock Exchange have sued the US Securities and Exchange Commission (SEC) to block the agency's plans to overhaul the public data stream that broadcasts stock prices to investors. According to the plan approved by the SEC in December last year, detailed data showing stock supply and demand will be added to public information, thereby broadening access to information. Currently, exchanges sell this information to professional traders at a premium, which is an important source of revenue for them. A NASDAQ spokesperson said in an email statement: “NASDAQ believes that the SEC has placed emphasis on the market structure without careful consideration
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