Key PointsRobinhood has chosen the as the exchange for its eventual initial public offering, according to sources familiar with the matter.The company has not yet filed officially for the listing.The stock trading app has lowered the barrier to entry for millions of retail investors, setting the stage for one of the .It's unclear if Robinhood has chosen a direct listing or a traditional IPO, sources said. Regardless of the method, Robinhood will file an S-1 with the Securities and Exchange Commission. Typically, it takes about one to two months for companies to make their debut once they...…Key PointsRobinhood has chosen the as the exchange for its eventual initial public offering, according to sources familiar with the matter.The company has not yet filed officially for the listing.The stock trading app has lowered the barrier to entry for millions of retail investors, setting the stage for one of the .It's unclear if Robinhood has chosen a direct listing or a traditional IPO, sources said. Regardless of the method, Robinhood will file an S-1 with the Securities and Exchange Commission. Typically, it takes about one to two months for companies to make their debut once they...WW…

Key PointsHedge fund Melvin Capital Management lost 53% in January amid a in and other stocks the fund was betting against, a source familiar with the matter told CNBC.The heavy losses come as retail investors piled into popular hedge fund short targets, including the struggling video game retailer. Shares of GameStop finished last week with a , bringing its total return this year to 1,625%. The stock closed Friday's session at $325. As recently as October it traded under $10. CNBC's Andrew Ross Sorkin reported last week that Melvin Capital closed out its short position in GameStop on...…Key PointsHedge fund Melvin Capital Management lost 53% in January amid a in and other stocks the fund was betting against, a source familiar with the matter told CNBC.The heavy losses come as retail investors piled into popular hedge fund short targets, including the struggling video game retailer. Shares of GameStop finished last week with a , bringing its total return this year to 1,625%. The stock closed Friday's session at $325. As recently as October it traded under $10. CNBC's Andrew Ross Sorkin reported last week that Melvin Capital closed out its short position in GameStop on...WW…

Key PointsDoorDash prices IPO at $102: SourcesDoorDash, the food delivery provider that's seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 a piece, pricing above its range, according to people familiar with the matter.The offering on Tuesday values the company at $32.4 billion, based on common stock outstanding and $38.7 billion on a fully-diluted basis. The company it expected to sell shares at between $90 and $95. The sources asked not to be named because the pricing is still confidential.DoorDash is the first IPO in a that includes the expected debut...…Key PointsDoorDash prices IPO at $102: SourcesDoorDash, the food delivery provider that's seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 a piece, pricing above its range, according to people familiar with the matter.The offering on Tuesday values the company at $32.4 billion, based on common stock outstanding and $38.7 billion on a fully-diluted basis. The company it expected to sell shares at between $90 and $95. The sources asked not to be named because the pricing is still confidential.DoorDash is the first IPO in a that includes the expected debut...WW…

Key PointsIt's 2019, and a $47 billion company is going public with an all-male board of directors.WeWork's parent known formally as the We Company disclosed who comprises its board in an initial public offering prospectus early on Wednesday. Among the seven members, not a single one is female. The company was most-recently valued privately at $47 billion although it's unclear if they'll receive the same price tag from the public markets.As of last month, . It's become a more-prominent issue in recent years as major investors, such as BlackRock and State Street, have pushed back against...…Key PointsIt's 2019, and a $47 billion company is going public with an all-male board of directors.WeWork's parent known formally as the We Company disclosed who comprises its board in an initial public offering prospectus early on Wednesday. Among the seven members, not a single one is female. The company was most-recently valued privately at $47 billion although it's unclear if they'll receive the same price tag from the public markets.As of last month, . It's become a more-prominent issue in recent years as major investors, such as BlackRock and State Street, have pushed back against...WW…