Thursday, January 30, 2025

COVID-19 and elections drive California companies to stock market listing

Pamela Cruz. Pen sula 360 Press [P360].

Several California-based technology companies have announced plans to list on the New York Stock Exchange before the end of the year, taking advantage of a market rally following the election, as well as restrictions on mobility and remote work.

Firms such as DoorDash, Airbnb, Roblox and Wish are taking advantage of a market rally following the November 3 elections, which has pushed stock market prices close to their lowest levels ever, leading to clear demand in the market for