A 'valuation reset' hits the IPO market as Better stock crashes 90% after debut

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Better.com stock got hammered this week in its Nasdaq debut. Though its one-day drop was sharp, it is far from the only company to be judged so harshly by the market.

Remember Greta Thunberg? the popular Swedish activist's net worth has baffled everyone -- Toronto-Dominion Bank is feeling the impact of costlier deposits, which squeezed margins and contributed to the lowest profitability for its US business in more than a year.

Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayBRICS Bloc Grows Heft With Saudi ArabiaIf you want to increase your passive income without putting your career on the line, this is the best way to do it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines