LZ - Hot Stocks: DIDI S LZ IAS mark big day for IPOs; MU earnings; F hurt by chip shortage
Chunumunu/iStock via Getty Images IPOs provided a dominant theme in Wednesday's trading, with a slew of companies making their Wall Street debuts. The list of names included Chinese ride-hailing firm DiDi (DIDI), cybersecurity company SentinelOne (S), legal paperwork provider LegalZoom (LZ) and advertising-verification firm Integral Ad Sciences (IAS). Other stories from more established Wall Street stalwarts also garnered attention Wednesday. This list included Micron (MU), which reported quarterly earnings after the close. Meanwhile, the continued impact of the global chip crisis weighed on Ford (F). Meanwhile, Fastly (FSLY) became the center of takeover speculation, after it named a new chief financial officer. DiDi Global had a bumpy start to its U.S. trading career. The "Uber of China" jumped nearly 30% immediately after opening, but gave up most of that during the early afternoon. After pricing an IPO at $14 a share, which valued the company at $60B, the stock finished
For further details see:
Hot Stocks: DIDI, S, LZ, IAS mark big day for IPOs; MU earnings; F hurt by chip shortage