Fintech

FinTech V (FTCV) gains 2.33% in Active Trading on October 25

Today, FinTech Acquisition Corp V – Class A Inc’s (NASDAQ: FTCV) stock gained $0.24, accounting for a 2.33% increase. FinTech V opened at $10.35 before trading between $10.82 and $10.27 throughout Monday’s session. The activity saw FinTech V’s market cap rise to $270,245,600 on 1,528,157 shares -above their 30-day average of 340,759.

Visit FinTech Acquisition Corp V – Class A’s profile for more information.

The Daily Fix

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Sustainable Shoe Maker Allbirds Seeks IPO Valuation North of $2 Billion

Sustainable shoe brand Allbirds Inc is eyeing a valuation exceeding $2 billion in its US initial public offering (IPO).

In its amended Form S-1 filed Monday, the company said it is offering about 19.23 million shares priced between $12 and $14 apiece. At the high end of that range, Allbirds would fetch gross proceeds of over $269 million.

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California Proposes Oil and Gas Drilling Buffer Zone Around Communities

California Gov. Gavin Newsom has proposed a statewide ban on oil and gas drilling within 3,200 feet of homes, schools and hospitals in order to protect public health and further its goal to combat climate change.

The draft rules, released last week by the state’s oil regulator California Geologic Energy Management Division (CalGEM), aim to create what would be the largest buffer zone in the country. Existing wells in those setback areas would not be banned, but subject to stricter regulation.

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Restaurant Brands International Misses Revenue Estimates; Cites Staffing Shortage, COVID-19

Burger King and Tim Hortons are struggling with a staffing crunch and the Delta variant keeping coffee-loving office workers at home, causing parent Restaurant Brands International Inc (NYSE: QSR), to miss estimates for quarterly revenue on Monday.

U.S.-listed shares shed 4.4% as same-store sales at its Burger King, Tim Hortons and Popeyes chains came in below expectations in the third quarter.

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To get more information on FinTech Acquisition Corp V – Class A and to follow the company’s latest updates, you can visit the company’s profile page here: FinTech Acquisition Corp V – Class A’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Hertz Orders 100,000 Tesla Model 3 Vehicles; First Step Toward Electrifying Fleet

Restaurant Brands International Misses Revenue Estimates; Cites Staffing Shortage, COVID-19

Sustainable Shoe Maker Allbirds Seeks IPO Valuation North of $2 Billion

Stellantis and Samsung SDI Form Joint Venture for Electric Vehicle Batteries

California Proposes Oil and Gas Drilling Buffer Zone Around Communities

Jobless Claims Fall to 290,000 — 19-Month Low

Paul Tudor Jones Calls Inflation ‘Single Biggest Threat’ to Financial Markets

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Source: https://www.equities.com/news/fintech-v-ftcv-gains-2-33-in-active-trading-on-october-25

Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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