TPK’s share price went all the way up after Daiwa raised its recommendation on the stock
Taiwan is planning to allow Chinese investors to the Taiex
AMD will transfer its stock exchange from NYSE to NASDAQ.
Remember when we were telling you that GoPro would be going public sometime this summer? Well, today was that day and their IPO did pretty damn well for its first day. GoPro is listed on the NASDAQ as GPRO and originally opened at the IPO price of $24 and currently sits at $31.34 which is an increase of over $7 per share and over 30%. This is also one of the most recent hardware IPOs in recent history and clearly shows the market’s fatigue with software company IPOs and the desire to invest in tangible hardware companies. At the opening of trading today and once
SanDisk and FusionIO have entered into an agreement where SanDisk will purchase all of FusionIO and its assets to the tune of $1.1 billion in cash, once again continuing the consolidation of the NAND flash market into fewer bigger companies. This announcement is likely a response to Seagate’s recent acquisition of the NAND flash division of Avago which included the SandForce controller division. However, the real truth is that FusionIO is not anywhere near a consumer flash storage company and most of their customers are professionals or enterprise while most of SandForce’s products are consumer focused. I’m sure SanDisk would have loved to buy both