Online merchant Wish dropped 16 percent in its trading debut Wednesday, at a muted beginning to existence as a public firm compared to DoorDash and Airbnb past week. Stocks of Wish started at $22.75 apiece, under the 24 they have been marketed for at its $1.1 billion initial public offering. {The shares closed at $20.05, […]
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Visa and Plaid mutually agreed to end their $5.3 billion deal late Tuesday. Roughly a year ago, Visa announced plans to acquire the fintech company, heralding a spate of […]
Explore Fortune‘s full coverage of the 2020 election. A dramatic surge in early voting across Texas cities is infusing fresh hope in Democrats’ dream of shaking Republicans’ once-solid grip on the state. From Austin to Houston, and in their sprawling suburbs, voter turnout is shattering records in Texas, which hasn’t gone for a Democratic presidential candidate since […]
