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Why Shares of VinFast Auto Collapsed This Week

The Motley Fool

What happened Shares of recently minted public company VinFast Auto (NASDAQ: VFS) collapsed as much as 44.6% The Vietnamese manufacturer of electric vehicles ( EVs ) just went public through a special purpose acquisition company (SPAC) and soared over 100% on the back of investor hype and its low float.

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Paul Weiss adds PE partner in London

Private Equity Wire

Paul, Weiss, Rifkind, Wharton & Garrison LLP (Paul Weiss) has appointed Christopher Sullivan as a partner in the firm’s Mergers & Acquisitions practice in the Corporate Department based in London. A cross-border M&A specialist, Sullivan joins from Clifford Chance where he led the UK private equity practice.

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Why Target Hospitality Stock Surged Higher This Week

The Motley Fool

A short run as a public company? The company went public via a 2019 merger with a special purpose acquisition company ( SPAC ). Target Hospitality is a provider of modular accommodations and related services used in emergencies and in situations with temporary surging demand for lodging.

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Is SoundHound AI Stock a Buy Now?

The Motley Fool

SoundHound's technology success SoundHound was established in 2005, but only went public in 2022 through a special purpose acquisition company (SPAC) merger. The company stated its goal is to "create a voice AI platform that exceeds human capabilities." The company is not cash-flow positive either.

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1 Ultra-High-Yield Energy Stock to Buy Hand Over Fist and 1 to Avoid

The Motley Fool

That means it may not be a public company much longer. But the government has been taking an increasingly stringent look at mergers and acquisitions of late. And there's an added risk when you consider the company's proposed acquisition by Exxon. Problem two is a bit more complex.

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3 Great Dividend Stocks You Can Buy for Less Than $50

The Motley Fool

for-1 stock splits, respectively, the companies have low share prices despite posting total returns that have outpaced the S&P 500 index since the 1990s. Meanwhile, Kenvue (NYSE: KVUE) was recently spun off from healthcare behemoth Johnson & Johnson , leaving the newly public company with a temporarily puny share price.

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Why DraftKings Rocketed 209% in 2023, and What's in Store for 2024

The Motley Fool

Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty. In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S.

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