Pershing Square USA (PSUS) shares indicated to open between USD 41.5-42 in NYSE debut vs USD 50 IPO price
The indicated opening range for Pershing Square USA shares, significantly lower than the IPO price, suggests a tepid investor reception.
SpaceX says Starlink's Arpu fell 18% to USD 81 to keep falling, The Information
The aircraft carrier USS Gerald R. Ford will depart the Middle East and begin the sail for home in coming days, WaPo reports citing multiple US officials
Pershing Square USA (PSUS) shares indicated to open between USD 41.5-42 in NYSE debut vs USD 50 IPO price
OPEC+ is likely to agree oil output hike at Sunday meeting without UAE, according to Reuters sources; OPEC+ likely to hike quotas by 206k BPD minus the UAE share of 18k BPD
United States is pushing to extend the ceasefire (between Israel and Lebanon) by three additional weeks, in order to create time to complete the preparations related to the delegation and the issues, according to Kan news, citing Al-Jadeed
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This decline raises concerns about market sentiment towards SPACs and could reflect broader trends affecting the metals and mining sector. Traders should monitor the impact on related equities and potential re-evaluation of pricing across similar listings.
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