Key takeaways:
• Missfresh has launched a series of value-added initiatives in its bid to achieve profitability by selling more higher-margin products outside its core online grocery business
• Company’s stock is down more than 70% since its debut in the U.S. last June
Tesla Inc (NASDAQ: TSLA) and General Motors Corp (NYSE: GM) South Korean battery supplier LG Energy’s shares jumped higher on its trading debut following a blockbuster initial public offering and the
Key takeaways:
Jiangsu Recbio has filed a second IPO application to list in Hong Kong, hoping to become the first HPV vaccine maker in the market
The company was valued at around 9 billion yuan after its latest funding round
By Molly Wen
DIRECT DIGITAL HOLDINGS, INC (NASDAQ:DRCT) IPO will take place January, 28 on the NASDAQ exchange under the ticker DRCT.
The company is offering shares at an expected price between $7.00 and $9.00 per share with an insider lock-up period of 180 days ending on July 27, 2022.
Biotech stocks pulled back yet again during the week ending Jan. 21, with the sector retreating along with the broader market. The news flow tapered off following the frenetic pace of the week that encompassed the JPM Healthcare conference.