- 13 Nov '22 at 10:29 am #47576
IPOs that could price and start trading next week could include KWESST Micro Systems (KWE:CA) and Bullfrog AI Holdings (BFAI).
he quiet period ends on Prime Medicine (PRME) on November 14 to free up analysts to post ratings.13 Nov '22 at 10:30 am #47577
More on NASA:
NASA has set a two-hour launch window on November 16 for its Artemis 1 launch. The unmanned launch will be the first of NASA’s Artemis missions that seek to bring astronauts back to the moon for the first time since 1972.
The goal is to establish a presence there before sending people to Mars.
The launch also will be the first flight of Space Launch System (SLS), a 322-foot-tall rocket, and the Orion spacecraft that will carry a human crew in future lunar missions.
Boeing (BA), Northrop Grumman (NOC) and Aerojet Rocketdyne Holdings (NYSE:AJRD) worked together to build parts of the SLS rocket. Lockheed Martin (NYSE:LMT) oversaw the development of Orion. The European Space Agency, Jacobs Engineering Group (J) and the United Launch Alliance, a joint venture between Lockheed and Boeing, also participated in building the spacecraft.
Artemis 1 was originally supposed to launch in late August, but the target date was pushed back by glitches and then Hurricane Ian and Tropical Storm Nicole. NASA officials said if Artemis 1 cannot fly on November 16, the next launch opportunity will be November 19. A major goal of the Artemis program is to land the first woman and next man on the Moon by 2024.
A successful launch is seen as analysts being supportive of stocks in the broader space sector, which has seen share price declines in 2022. Some of the active companies are privately held SpaceX (SPACE), Astra Space (NASDAQ:ASTR), Leidos Holdings (LDOS), Virgin Galactic (SPCE), Maxar Technologies (MAXR), and Rocket Lab USA (NASDAQ:RKLB).13 Nov '22 at 10:32 am #47578
Bumble (NASDAQ:BMBL) received a positive writeup in this week’s issue after shares took an earnings tumble earlier a few days ago. The breakdown is that Bumble’s numbers might be better than they look at first glance considering the strong U.S. dollar shaved about $6M off the company’s guidance and product delays are expected to work themselves out. The publication noted that Bumble grew its total paying user base by 400K to 3.3M and has launched new features and options. Bumble’s place in the dating-app ecosystem is said to be strong and the stock trade at an attractive valuation.
The cover story delves into used auto dealer Tricolor Auto Group, which serves Spanish-speaking communities in Texas and California. While BlackRock (BLK) took a $90M stake in the private company last year and its ESG credentials have helped it raise money from some of the nation’s highest-profile banks, the customer service record shows a litany of complaints that undercut the ESG distinction.20 Nov '22 at 8:38 pm #47474Super HarleyParticipant
There is just one small deal scheduled to price, lab-grown diamond producer Adamas One (JEWL) may price in the short Thanksgiving week. There is a cha
[See the full post at: US Weekly IPO and SPAC Monitor: Lab-grown Diamond Producer Adamas One]
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