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Stock Market & Financial Investment News

News Breaks
May 9, 2014
15:16 EDTZUzulily shares down 5% with lock-up date approaching
zulily (ZU) opened for trade on November 15, 2013. According to its filing, as of September 29, 2013, approximately 110.57M shares of Class A common stock issuable upon conversion of outstanding Class B common stock will become eligible for sale upon expiration of a 180-day lock-up period. That 180-day lock-up period is set to expire next week. PRICE ACTION: Shares of zulily are down 5.2% to $31.28 in late day trading.
News For ZU From The Last 14 Days
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January 14, 2015
07:42 EDTZUEtsy looking to raise $300M with IPO as soon as this quarter, Bloomberg says
Etsy, which operates a website that allows people to sell handmade crafts, is working with Goldman Sachs (GS) and Morgan Stanley (MS) on an initial public offering that could come as soon as this quarter, said Bloomberg, citing people familiar with the matter. Etsy seeks to raise $300M via the offering, the report said. Publicly traded companies in the e-commerce space include Amazon.com (AMZN), eBay (EBAY), Alibaba (BABA) and zulily (ZU). Reference Link

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