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A Scooter Company Warned Investors It Might Not Survive. Its IPO Popped Anyway.
Lime priced its IPO at $25 and opened up 8%, with shares touching a ~10% gain in early trading. Days earlier, its own paperwork told investors the company had "substantial doubt" about staying in business without the raise. Here's how both things are true.
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Stock Research
Tesla Crushed Delivery Estimates by 74,000 Cars. Wall Street Sold It Off Anyway — Here's the Math.
Tesla beat Wall Street's Q2 delivery estimate by more than 70,000 vehicles — a genuine blowout quarter. Investors sold the stock down roughly 7.5% anyway. Here's the math the market was actually trading.