Energy Stocks Moving Up and Down Tuesday: AXAS, SGTZY, BPT, NRT, LUKOY, AOIFF, INDO, OGZPY
These Energy stocks are trading higher: -Abraxas Petroleum Corp. (AXAS) stock is trading at $1.55, an increase of $0.43, or 38.39%, on high volume. Abraxas Petro Corp gets a Sentiment Score of Bullish from InvestorsObserver. -Surgutneftega
Gasoline prices in the United States hit a seven-year high, with a small town in California reaching $7.59 a gallon.
With the soaring gasoline prices in the United States, a small town in California has attracted people's attention with its highest oil prices in the United States. The coastal town of Gorda, located on the coast of Big Sur, California, has always been known for having the highest gasoline prices in the United States. There is only one gas station in this town. The nearest gas station out of town is 40 miles north and 12 miles south. As of Thursday, the price of regular unleaded gasoline here had reached $7.59 a gallon, more than double the national average, and premium gasoline had reached $8.50 a gallon. The current average gasoline price in the United States is 3.36 dollars per gallon.
The number of IPO in the first three quarters of the world reached the highest level since the dotcom bubble, raising a record $421 billion.
Global IPO market activity slowed in the third quarter of this year compared with previous frenzy, but the number of listings in the first three quarters of this year was still the highest since the dotcom bubble in 2000, according to data released by Refinitiv on Thursday. Global IPO financing totaled about $94.6 billion in the third quarter of this year, down 26.3 per cent from the second quarter. In the first three quarters of this year, the number of global IPO exceeded 2000, the highest level since 2000, and the amount of financing reached a record $421 billion, more than double that of the same period last year. Among them, the company is acquired through special purpose (SPAC)
Yuan an CEO said it plans to list its US business within three years.
Zhao Changpeng, founder and CEO of the cryptocurrency exchange Yuan an, said in a recent interview that its US subsidiary is likely to conduct an initial public offering (IPO) within the next three years. Zhao Changpeng said: "Yuan an the United States will do what Coinbase has done." Coinbase, the largest cryptocurrency exchange in the United States, was listed on Nasdaq in April. Zhao Changpeng said that Yuan an America will also complete a round of large private equity financing in the next two months, which will reduce his control over the board of directors. Zhao Changpeng also revealed that Yuan'an made a profit of US $800m to US $1 billion in 2020. Last
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