A Peloton exercise bike is shown in this file photo. Picture: ADAM GLANZMAN / BLOOMBERG
That’s not usually how it goes with stock sales. The more logical sequence of events is: stock rallies, company offers shares, price falls. However, in a market highly susceptible to speculation and blind faith, some Peloton shareholders are betting that the stock has become so beaten down that it effectively puts the company in play. The share offering — often interpreted as a desperate measure — is like waving a for-sale sign to prospective buyers, including perhaps Apple.
Normally a $1bn share offering would erode market value, but visions of a takeover are dancing in investors’ heads. Picture: BLOOMBERG
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Naspers flags headline profit slip amid higher finance costsHeadline earnings per share expected to fall as much as 12% There's no greater joy than having financial freedom and a life free debts 😊, that's why I keep posting a comment about Mrs Nichelle_1111
La source: BDliveSA - 🏆 12. / 63 Lire la suite »