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Gridsum Holding Inc. News

Bitcoin Plays Continue Rising; BlackBerry's Comeback Takes Shape -- ICYMI

Here's what you need to know now for Thursday, Dec. 21.

Financials Rally but a Tech Slump Leads to a Mixed Wall Street

Stocks are mixed on Wednesday even as investors remain buoyant over the increased chances of the Senate GOP's tax bill getting through a floor vote.

Twilio led a meager IPO market in 2016, but Snap and Spotify could change things next year

Software company IPOs performed much better than they did last year, but tech's wider IPO drought continued in 2016.

ZTO Express, One of Alibaba's Largest Shippers, Has Great Timing For U.S. Listing

The company that ships packages for Jack Ma's e-commerce giant is ready to follow suit with a public listing in the U.S.

Gridsum's leadership, fundamentals could send shares higher

The data analysis company ends its IPO quiet period next week, and underwriters will likely release a report that is overwhelmingly favorable.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.