• S&P 500 closes at record high for 6th day in a row amid busiest IPO week since 2004

    27 days ago - By Business Insider

    Xinhua/Wang Ying/ Getty Images
    The S&P 500 closed at record highs on Thursday for the sixth day in a row. The surge higher in stocks comes amid the busiest IPO week since 2004. Weekly jobless claims fell to another pandemic-era low of 364,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks edged higher on Thursday, with the S&P 500 closing at record highs for the sixth day in a row. Weekly jobless claims fell to another pandemic-era low of 364,000, beating economist estimates of 388,000. The move higher in stocks comes amid the busiest week in IPO...
    Read more ...

     

  • Krispy Kreme climbs 11% in public debut during the busiest IPO week since 2004

    27 days ago - By Business Insider

    A "Krew" member at a Krispy Kreme store in Toronto, Ontario, loads up a box of doughnuts.
    Richard Lautens/Getty Images
    Krispy Kreme jumped as much as 11.7% during its first day of trading.
    The doughnut shop priced its IPO below the expected range.
    The company's first day of trading pales in comparison to other IPOs this week that saw pops above 68%.
    See more stories on Insider's business page .
    Krispy Kreme climbed as much as 11.7% to $19.00 per share during its trading debut on Thursday. The doughnut shop franchise opened at $16.30, lower than its IPO price, but then pared back losses...
    Read more ...