๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ก๐ฒ๐๐ ๐๏ธ
๐๐๐ฒ๐ฟ๐ด๐ฟ๐ฎ๐ป๐ฑ๐ฒ ๐ธ๐๐ฟ๐ ๐๐ผ๐ฟ ๐ฑ๐ฒ๐บ ๐๐ฎ๐ป๐ธ๐ฟ๐ผ๐๐ / ๐๐๐๐ฐ๐ต ๐๐ฟ๐ผ๐ ๐ฝ๐น๐ฎ๐ป๐ ๐๐ฃ๐ข / ๐ ๐ถ๐ฐ๐ฟ๐ผ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ ๐ธ๐ฎ๐๐ณ๐ ๐ฒ๐ฟ๐ป๐ฒ๐๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป
๐๐ -๐๐ฎ๐๐ฒ๐ ๐
As of today, Coca Cola ($CCC3 (+1.1%)), Comerica ($CA3 (+1.57%)), Domino's Pizza ($EZV (+3.32%)), Garmin ($GEY (+1.79%)), Gilead ($GIS (-0.06%)), Merck & Co. ($6MK (+2.67%)) and Leidos ($S6IA (+3.57%)) traded ex-dividend.
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป ๐
Today, Crealogix ($CX1), JD Sports Fashion ($9JD2), AstroNova ($ALOT (+1.2%)) and Sanne Group ($SNN) will present their quarterly results.
๐๐ฃ๐ข๐ ๐
Dutch Bros - The largest drive-through coffee chain in the United States has selected tomorrow (9/15-21) as the date for its initial public offering on the New York Stock Exchange. The company expects to raise approximately $484 million. Of this, 200 million is to be used to cover debt. The remaining capital is to be used for share repurchases and corporate growth. In addition, the company announced that it will donate 1% of the capital raised through the IPO to a charitable organization over the next 10 years.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐๏ธ
Evergrande ($EV1A) - The second largest, Chinese real estate and construction group again warns of liquidity shortages. This is due to a sharp decline in the company's property sales. Attempts to sell some of the company's assets to generate new capital have also failed to bring much progress. Evergrande has taken on more than 260 billion euros in debt after years of aggressive expansion. At the current time, the group employs about 163,000 people. After the announcement of the impending liquidity shortage, numerous people (homebuyers, artisans & small investors) gathered in front of the group's headquarters in Shenzhen to demand their money back.
๐๐ฟ๐๐ฝ๐๐ผ ๐
MicroStrategy ($MIGA (+1.77%)) - The U.S.-based software company, whose founder and CEO is bitcoin maximalist Michael Saylor, took advantage of declines in the bitcoin exchange rate and bought 5,050 bitcoin ($BTC-EUR (+3.24%)) worth $242.9 million at an average bitcoin price of $48,099 per bitcoin. In total, MicroStrategy now holds 114,042 bitcoin. This currently equates to a total value of US$5.131 billion. Thus, the company holds approximately 0.5% of the world's existing Bitcoin. MicroStrategy bought its Bitcoin at an average price of 27,712 US dollars per Bitcoin. As a result, the company generated a notional profit of about $2 billion. However, the company has never sold a single Bitcoin.