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Bill.com Gets Off to Strong Public Market Debut

Bill.com soared more than 61% during its first day of trading on the New York Stock Exchange Thursday, in a sign that Wall Street has not given up entirely on new tech companies going public. Bill.com—a cloud-based payroll manager targeting small and medium-sized businesses—rose to a high of $35.50 in trading Thursday. The night before, its stock priced at $22 a share, above the announced $19-21...

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The Investors Who Face Big Losses From the Quibi Collapse
The Investors Who Face Big Losses From the Quibi Collapse

On Wednesday, video startup Quibi told its investors that it will shut down, a dramatic collapse of a digital media startup that launched just six months ago. Now those investors—from Quibi CEO Meg Whitman to Google, Facebook and J.P. Morgan—are facing losses and figuring out what they may recoup from the flop.

Quibi revealed to investors Wednesday afternoon that, after paying ...

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