Airlines, car rental companies, hotels, and other parts of the business travel ecosystem have suffered severely during the COVID-19 pandemic. As of March, the industry has lost about $518 billion.
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Consumers may have reached a limit on the amount of money they’re willing to allocate from their paychecks to certain forms of video entertainment.
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Some oil fields are drawing interest from more investors than before the price crash, but others are experiencing production cuts.
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it’s helpful to view upcoming earnings and company performance through the lens of the “In and Out” economy.
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The ol’ adage about April showers certainly came to fruition this past month, especially in terms of IPOs. A bunch of consumer brands went public and there was a sense of excitement in the financial world that we haven’t seen in quite some time.
Personally, I’ll be pumped when literal raindrops stop falling on my head here in not-so-sunny SF, but that’s another story. (In reality, “Karl” is much easier to manage—yep, the fog in SF indeed has a name and a sassy Twitter account ).
Another juicy IPO for San Franciscans is that of Beyond Meat. The plant-based meat startup IPO’d Thursday morning with its initial public offering at $25/share , which implies a market valuation of $1.46 billion. You don’t need to be vegan to give that a look.
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