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๐๐๐ต๐ฒ๐ฟ ๐ฎ๐๐ณ ๐ญ๐ฏ ๐๐ถ๐น๐น๐ถ๐ผ๐ป๐ฒ๐ป $ / ๐ฆ&๐ง ๐๐ถ๐ฟ๐ฑ ๐ฎ๐ป๐ด๐ฒ๐ด๐ฟ๐ถ๐ณ๐ณ๐ฒ๐ป / ๐ฅ๐ฒ๐ฑ๐ฑ๐ถ๐ ๐ฝ๐น๐ฎ๐ป๐ ๐๐ฃ๐ข
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Reddit - The Reddit forum platform has secretly registered with the Securities and Exchange Commission, meaning an initial public offering is imminent. An exact number of shares or price range has not yet been determined, but it is expected that the U.S. Securities and Exchange Commission (SEC) will allow the IPO after the review is completed. In August, the company completed a financing round of 700 million US dollars and announced a valuation of approximately ten billion US dollars.
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As of today, among others, DTE Company ($DTE (+1.7%)), J&J Snack Foods corp. ($JJSF) and Kimball International Inc. ($KBAL) are trading ex-dividend.
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Today, among others, Darden Restaurants Inc. ($DRI (+2.45%)) and Winnebago Industries Inc. ($WGO (+1.35%)) present their quarterly figures.
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Adidas ($ADS (+1.56%)) - Sporting goods manufacturer Adidas is planning share buybacks worth 4 billion euros over the next few years. The money for the buybacks is to come primarily from the sale of its Reebok subsidiary. The aim here is to pay out further free cash flow to shareholders apart from the dividend.
S&T ($SANT (+0.5%)) - The Austrian IT group S&T, listed on the Tech-DAX, saw its share price fall by up to 34% yesterday. The reason for this was a report by the short seller Viceroy Research Group. The short seller accuses the management of unfair business practices. S&T AG now states that the report will be closely examined internally and externally and that there was no prior contact with Viceroy. In addition, some of the accusations relate to actions 10 years ago and the management at that time.
The management board of S&T AG took advantage of the favorable share prices yesterday to make purchases amounting to โฌ 132.00.
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Coinbase ($COIN (+4.25%)) - Due to a technical error, some of Coinbase's users briefly became billiadaries this week. The crypto trading platform showed price increases of billions of percent in cryptocurrencies Bitcoin ($BTC (-0.36%)) and Ether ($ETH (+0.63%)). The price for Ether was $ 13,181,942,005,393.83 ($ 13 bilion) in the meantime. However, none of the users were able to profit from this.
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