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Amazon's $11B Space Bet & Rewriting the Rules for Blockbuster IPOs

Amazon's $11B Space Bet & Rewriting the Rules for Blockbuster IPOs

Published 2 months ago
Description

Episode 164: Today, Ann presents this week’s Merger Moment: Amazon’s $11 billion acquisition of satellite telecom company Globalstar – and why the e-commerce giant agreed to pay more than a 30% premium to recent trading levels. Then, we take a look at the new fast-track lane into the Nasdaq 100 ahead of SpaceX’s anticipated blockbuster IPO. Finally, United Airlines and American Airlines shares take off on merger rumors, and Netflix’s gaming push shows signs of life in the App Store.

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Stocks mentioned:

$AMZN $GSAT

$NFLX $UAL $AAL


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