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Momentum Continues Towards December 20, 2017 Vote
The exchange says news released too close to the closing bell undermines crucial auctions.
The flood doesn't look to slow down anytime soon -- and these top underwriters are set to benefit.
La Quinta priced its IPO below the planned range but the stock recovered after its initial trading, after PE firm Blackstone held on to its shares of La Quinta, showing support.
Steve Cohen of Wall Street Trading equates HFT to paying for premium seats at a Broadway show, but he does wish there was equal access to the prices traders pay for stocks
The busy IPO calendar has helped the mood for stocks, even as the high frequency trading cloud continues to darken the skies. GrubHub is up about 40% on its first day of trading.
Online advertising company Rubicon priced its shares at $15, the low end of its planned range. The stock then took off to trade over $20 for a 30% increase.
Meridian's Jon Corpina says high frequency trading gives some players an unfair advantage.
Former Yankee Bernie Williams says baseball memorabilia might make a better investment than stocks.
Consumer spending isn't exactly robust, but it was enough to encourage stocks to go higher.
TriNet CEO Burton Goldfield says the company is seeing high demand from New York's booming tech sector and new financial businesses.
Exxon Mobil was upgraded, causing stocks to get a lift in the morning session. However, the boost did not last long and stocks began to give back those gains.
King Digital Entertainment, maker of the addictive game Candy Crush, saw its stock drop after pricing its shares at the middle of its range.
The biotechnology sector has seen considerable selling over the past two weeks, setting up today's recovery.
Stocks reversed course from the morning and tumbled as momentum names like Netflix and Tesla lost steam, pulling down the NASDAQ.
King Digital, maker of Candy Crush, hopes investors will focus on the increase of daily users and not the declining revenue and profits when it IPOs.
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