Tag Archives: bad-request

Sunrun IPO Fails To Light Up Residential Solar Market

Solar installation company Sunrun (RUN) fell sharply in its market debut Wednesday after pricing its initial public offering at 14, the midpoint of its estimated range. Sunrun stock opened near 13 then fell further. The stock was down 14.4% to 11.98 in late morning trading on the stock market today. Sunrun raised $251 million with its late Tuesday IPO. San Francisco-based Sunrun follows the October 2014 IPO of competitor Vivint Solar (VSLR), which

Activision hits high score on Q2 beat, guidance

Activision Blizzard (ATVI) leaped to a record high on Wednesday, a day after the video game publisher reported better-than-expected second-quarter sales and earnings. Activision stock was up 12.1% to 28.77 in late morning trading on the stock market today. Late Tuesday, the Santa Monica, Calif.-based company said that it had earned 13 cents a share excluding items, up 117% year over year, on sales of $759 million, up 15%, in the second quarter.

Akamai CDN Rival Fastly Taps More Venture Funding

Fastly, a content delivery network (CDN) rival to Akamai Technologies (AKAM), raised $75 million in a new venture capital funding round, bringing the San Francisco-based startup’s total to $130 million. Cambridge, Mass.-based Akamai is the biggest provider of CDN services to media and entertainment companies, mainly providing video streaming. Its technology also speeds up e-commerce transactions and business software downloads. Startups are often