Bharat Forge's stock is likely to derate further in the wake of continuous fall in US truck orders. The US class 8 truck order inflows declined 36 percent in March 2016, putting more pressure on earnings.
Share price
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Shares of Royal Mail Group Ltd experienced a 38% increase after its debut on the London Stock Exchange.
Shares of SFX Entertainment Inc dropped 2.6% in early trading post-IPO.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Zynga's stock valuation lost US$400 million.
CEDC on the brink of bankruptcy amidst debt payment concerns.
KKR values Gardner Denver at US$3.7 billion.
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