Prominent hedge funds, including Bridgewater Associates and Point72 Asset Management had invested in Twitter in the first quarter, before Elon Musk unveiled his plans to acquire the company. They are now on course to reap big gains. Headed by Steven A…. Read More ›
common shares
Investors crowd South Korea’s Big Hit Entertainment, IPO oversubscribed by 1000+ times
On Monday, Big Hit Entertainment, the management label of South Korean hugely popular K-Pop group BTS, priced its initial public offering (IPO) at the top of its range, with buyers hoping to gain from South Korea’s biggest IPO in the… Read More ›
Warren Buffet’s Berkshire Hathaway set to be Bank of America’s biggest shareholder
With this development, Buffet has nearly tripled the return of investments he made 6 years ago. In a significant development, Warren Buffett’s Berkshire Hathaway Inc, is on the verge of becoming the largest shareholder of Bank of America Corp. On… Read More ›