Snap changed social media — and Venice, Calif. — for good. What’s next? Source: NYT > Business – Daniel Hernandez
Uber’s Dismal Debut Is a Rare Event on Wall Street
How a stock trades in its debut is often used to gauge the success of the offering and investor sentiment about a company. Source: NYT > Business – STEPHEN GROCER
Zoom Video’s Stock Soared in Public Debut. So Did Zoom Technologies’.
Twitter, Tweeter. Nest, Nestor. Sometimes, shares in similarly named companies get caught up in the excitement of a deal or I.P.O. Source: NYT > Business – STEPHEN GROCER
Strategies: A Price War Has Driven Fund Fees to Zero. They May Be Set to Drop Further.
Companies locked in a fierce competition for customers may end up paying people to invest. Low fees are a boon, but watch out, our columnist says: Nothing is really free. Source: NYT > Business – JEFF SOMMER
Lyft Is Luring Investors, Just Not the Kind It Wants
Lyft’s I.P.O. was a test of investor appetite for fast-growing but unprofitable tech companies. Short-sellers are betting that appetite will fade. Source: NYT > Business – STEPHEN GROCER