Leslie Picker
9,559 posts
CNBC Senior Banking & Finance Correspondent cnbc.com/leslie-picker/
New York via Kansas
Joined November 2009
- Number of IPOs that have doubled on day one, per year 2010: 0 2011: 1 2012: 1 2013: 6 2014:6 2015: 5 2016: 1 2017: 1 2018: 1 2019: 3 2020: 19 More on @SquawkCNBC at 8:30 a.m. tomorrow
- "While retail trading in some cases, like on Robinhood, blocked the purchasing of GameStop, hedge funds were still allowed to trade the stock. We need more regulation and equality in the markets." -- @RepRoKhanna
- House Financial Services Committee announces those testifying during the Feb. 18 hearing will include: Citadel CEO Ken Griffin Melvin Capital CEO Gabe Plotkin Reddit CEO Steve Huffman Robinhood CEO Vlad Tenev Keith Gill (aka DeepF**kingValue)
- Snap S-1: We are a camera company WeWork S-1: We are a community company Peloton S-1: We are a technology, media, software, product, experience, fitness, design, retail, apparel, logistics company
- Some personal news, as they say… I’m looking forward to adding big banks to my current coverage of hedge funds, private equity, IPOs, etc. for @CNBC. I knew that my summers in college, spent behind the teller desk at Town & Country Bank in Leawood, KS, would pay off someday..@LesliePicker to cover major banks and financial institutions for @CNBC: talkingbiznews.com/they-talk-biz-…
- At the indicated opening price, Frank Slootman's stake in Snowflake is worth ~$3.5 billion. Not bad for a job he started less than 18 months ago... $SNOW
- Bumble's board is 71 percent women (10 out of 14 directors) (Just a *subtle* nod to those companies who say it's SO DIFFICULT to find women for their boards...)Bumble files S-1 sec.gov/Archives/edgar…
- Sources say Levi Strauss is: - Likely pricing above the belt - A riveting deal for investors - Sizing up its IPO
- Morgan Stanley has been telling investors it sold $15 billion worth of blocks in the last few days; it has no more blocks to do, and the firm has not incurred significant losses as a result of these transactions, according to a source with knowledge of the matter. $MS
- The 10-year is hitting 0.50% and a pack of Clorox wipes is selling for $50 on Amazon. What. Is. Happening?
- The enormity of the news makes it feel like several decades have passed since I was last @CNBC. As of today, though, I'm back from maternity leave. I have been awed by my colleagues and peers, covering the multi-faceted crises. I'm looking forward to reporting again.
- NEW: Oatly has hired bankers to help with a ~$1billion IPO this year, per three sources close to the deal. It's backed by Oprah and Blackstone and was valued at $2 billion in July. I'm told IPO valuation will be multiples of that.



