China's Full Truck Alliance targets over US$20 billion valuation in US IPO
REUTERS -China's Full Truck Alliance Co Ltd (FTA) said on Tuesday it is aiming for a valuation of over US$20 billion in its initial public offering in the United States, marking the second major U.S. stock market listing for a Chinese company this year.
FTA, which styles itself as the "Uber for ...
Tesla Bulls Look for Stock Catalysts. They Found Three.
Weak performance from Tesla stock has bullish analysts feeling disappointed these days. They are looking for catalysts to break shares out of their recent funk.That performance is flummoxing Tesla bulls. “Let’s begin with a healthy dose of intellectual honesty on the starting point for the stock,” writes Morgan Stanley analyst Adam Jonas in a Monday evening report. He is a Tesla bull rating shares Buy. His price target for the stock is $900 a share, almost 50% higher than recent levels. “Even bu