DoorDash Inc.'s Chief Executive Tony Xu, Chief Technology Officer Andy Fang and Chief Product Officer Stanley Tang have decided to offload millions of shares in the company from February 2023. The three co-founders have unexercised stock options that expire on June 25, 2024, so they will sell up to 6.6 million shares among themselves. Following this, DoorDash shares plunged yesterday.
Open Flip
FirstMeridian Business Services Limited has refiled its Draft Red Herring Prospectus (DRHP) with Sebi after it decreased its initial public offering (IPO) size to ₹740 crore from ₹800 crore planned earlier. Currently, the staffing company's maiden issue consists of fresh issuance of equity shares worth ₹500 crore and an Offer For Sale (OFS) of ₹690 crore.
Open Flip
✅European shares fell on Monday amid a rout across the board. The pan-European STOXX 600 was down 0.6% at 0818 GMT. ✅A positive candle is developed on the daily chart with an upper and long lower shadow. ✅ The Moving Average Convergence Divergence (MACD) indicator revealed that bullish trade on the counters of NTPC, Bajaj Finserv, Laurus Labs, and Bajaj Finance, among others to continue.
Open Flip
