Tag: shareholdings

Viral TikTok accuses Zillow and competitors of manipulating the housing market. Here’s what’s really going on.

Are companies like Zillow ZG, -3.40% and Redfin RDFN, +4.57% manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated. In a video that’s garnered more than 2.4 […]

Read More

El Salvador’s bitcoin experiment splits community amid major price decline

The accession of bitcoin to the status of a legal currency in El Salvador was viewed by many cryptocurrency investors as a watershed moment, but the rocky rollout of the country’s digital wallet and growing concern over President Nayib Bukele’s tactical approach to the bitcoinization of his country’s economy has caused some supporters to warn that […]

Read More

IPO market cooling off? Weber prices below expectations

Grill maker Weber Inc. sold fewer shares at a lower price than expected in its initial public offering, people familiar with the matter said, the latest sign the new-issue market may be cooling after a torrid run this summer. Weber WEBR, sold 18 million shares at $14 apiece, the people said, ahead of its trading […]

Read More