Camping World (CWH) Stock Forum & Discussion

As of today, Best Buy ($BUY (-1.62%)), Ecolab ($ECJ (+0.6%)), Smith & Wesson ($SWS (-0.31%)), Camping World ($C83 (-3.95%)) and Solaris Oilfield ($68S (+4.55%)) are traded ex dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, Oracle ($ORC (+5.93%)), ITM Power ($IJ8 (-1.56%)), Net 1 Ueps Technologies ($NJPA (-1.4%)) and SeaChange International ($SEAC) will present their quarterly results.

𝗜𝗣𝗢𝘀 🔔

𝗢𝘅𝗳𝗼𝗿𝗱 𝗡𝗮𝗻𝗼𝗽𝗼𝗿𝗲 - The United Kingdom biotech company has announced it is seeking an IPO on the London Stock Exchange. The company is developing a portable DNA/RNA sequencer that makes it possible to analyze biological data in real time. Financial Times reports that the company could be valued at £4 billion at IPO. To date, Oxford Nanopore has received funding of more than £600 million.

𝗟𝗶𝗹𝗶𝘂𝗺 - The Munich-based flight cab start-up was able to raise significantly less capital than originally hoped during its IPO. The company's goal was to raise fresh capital and global attention through a Spac IPO. This type of IPO is designed to save time and money for the company in question by allowing it to be bought by a special purpose acquisition company (Spac). In this particular case, Lilium was to merge with New York-based shell company Quell. Quell shareholders voted in favor of the IPO on Friday. As part of that IPO, Quell shares were exchanged for Lilium shares. However, 65 percent of investors did not take this deal and instead returned their share certificates than exchanged them. This reduced the initially projected revenue from $830 million to $584 million. This also lowered the valuation of the company to 3 billion US dollars.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

On the German stock market, the new week starts with high hopes for a coming recovery. After a comparatively weak year, German shareholders are hoping for an upturn. The DAX is up about 10% since the beginning of the year. By contrast, its French counterpart, the CAC 40, has grown twice as fast. This is primarily characterized by luxury stocks, such as LVMH, which have recently been able to shine with strong price gains. The new upswing in the DAX is now expected to come primarily from the 10 new stocks included in the DAX. These should help the DAX to be more diversified and to represent the German economy even better. This should also make events on the German stock exchange more fast-moving.

Alibaba ($AHLA (+0.58%)) - The power of the Chinese government on the economy continues to stretch. The Financhial Times reports that the credit business of Ant Group's payment service Alipay, which is a subsidiary of Alibaba, is to be broken up and outsourced to a partially nationalized joint venture. In addition, Ant is also slated to share user data, which can then be used by authorities to conduct credit checks. Globally, Alipay has about one billion users. In China, the company has a market share of over 50%. 40% of Alipay's revenue is generated from the credit business.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Cardano ($ADA-USD (-3.06%)) - Yesterday, the world's third largest cryptocurrency received arguably the most significant update since its creation. This update is expected to usher in a new era where smart contract applications are possible on the Cardano network. According to BTC-Echo, this represents a milestone for Cardano and it could also mark a significant turning point for the Decentralized Finance (DeFi) world, which to date is still mainly dominated by the Ethereum network ($ETH-USD (-2.57%)) dominates. The Cardano ecosystem currently consists of about 150 different projects, all running on the newly deployed network and originating from Cardano's "Catalyst" funding program.