Global Glacial Acetic Acid Market (2020-2025)-Growth, Trends and Forecasts

ResearchAndMarkets.com’s products have added the “Glacial Acetic Acid Market-Growth, Trends and Forecasts (2020-2025)” report.
It is expected that during the forecast period, the compound annual growth rate of the global glacial acetic acid market will exceed 5%.
Acetic acid that contains very little water (less than 1%) is called anhydrous (anhydrous) acetic acid or glacial acetic acid. It is called the glacier because it solidifies into solid acetic acid crystals at room temperature (16.7 degrees Celsius). The growing demand in the PVC sector and packaging industry has been driving market growth.
The vinyl acetate monomer market segment dominates because it is widely consumed in various end-user industries, such as consumer goods, packaging, automobiles, and construction.
The consumption of glacial acetic acid in various applications is increasing, such as the production of preservatives in food and beverages, pharmaceuticals, paints, coatings, inks and vinegar and terephthalic acid, synthetic camphor, aniline, and propylene terephthalate medium
Vinyl acetate monomer is used in the adhesive and sealant industry, and glacial acetic acid can be used for commercial production. Due to the increased consumption of adhesives and sealants worldwide, the demand for vinyl acetate monomer has increased significantly.
Vinyl acetate monomer is an intermediate used in the production of a variety of industrial polymers and resins, used in the production of adhesives, coatings, paints, films and textiles, as well as wire and cable insulation materials, thus driving the glacier market The growth of acetic acid.
In addition, glacial acetic acid is considered to be the main raw material for the production of purified terephthalic acid (PTA), which is further used in the packaging industry. The growth of the packaging industry is expected to drive market growth.
It is expected that during the forecast period, all the above factors will drive the glacial acetic acid market.
The Asia-Pacific region is the largest market for glacial acetic acid. Due to the increasing demand for products from countries such as China, India and Japan, glacial acetic acid is expected to grow.
Glacial acetic acid is used as a buffer when dyeing clothes into colors, and in the textile industry for printing various patterns on clothes. In addition, the production of acetic anhydride also seeks to use glacial acetic acid as a condensation agent, which is further used in synthetic textiles and photographic films.
Due to the rapid population growth in the Asia-Pacific region and the booming textile industry, the demand for glacial acetic acid is expected to increase.
In addition, it is expected that the application of glacial acetic acid as a flavor enhancer in the food and beverage industry and the increase in demand for special food and beverages will drive the demand for glacial acetic acid in Asia during the forecast period.
Therefore, during the forecast period, all these market trends are expected to drive demand for the glacial acetic acid market in this region.
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Every week, Benzinga conducts sentiment surveys to find out what traders are most excited about, interested in, or thinking about when managing and building a personal portfolio. We surveyed more than 300 Benzinga investors to find out whether their stocks of AT&T Inc. (NYSE: T) or Verizon Communications Inc. (NYSE: VZ) will grow the fastest by 2022. Verizon stocks In 2020, wireless communications will remain AT&T’s largest business, contributing nearly 40% of revenue. As the second largest wireless operator in the United States, AT&T has connected more than 100 million devices, including 63 million ordinary users and 16 million prepaid users. Consumer and entertainment businesses are the company’s second largest source of revenue, including fixed-line telephone and DirecTV satellite TV services, serving 20 million TVs and 14 million Internet users. At the same time, Verizon is mainly wireless business (70% of revenue and almost all operating income). The company serves approximately 89 million fixed and 4 million prepaid customers. Verizon has connected another 24 million data devices, such as tablets, through its nationwide network, making it the largest wireless operator in the United States. Since AT&T and Verizon are the largest wireless operators in the United States, they are expected to be the most viable companies competing for the largest market share. Many interviewees cited how they view Verizon’s approach to providing the most reliable 5G coverage in the near future, noting The company’s music streaming partnership with Walt Disney Co (NYSE: AAPL) and Apple (NYSE: AAPL) is why Verizon is more attractive in 2021. Among the respondents, 62% People told us that Verizon will grow even more next year, and 38% of people think AT&T’s experience will increase by the end of 2022. This survey was conducted by Benzinga in December 2020 and included adults over 18 years of age. Of different responses, completely voluntarily joining the survey. ry, no rewards are provided to potential respondents. This study reflects the results of more than 300 adults. View more information from Benzinga *Click here to view from Benzinga Option trading * Will GE stock reach by 2022? * Will Xpeng or Li auto stocks grow by 2022? (C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Dow Jones futures: The stock market rose awaiting a vote on a temporary stimulus agreement. Nike, Goldman Sachs and JPMorgan Chase will jump off the building. Tesla joins the S&P 500 Index.
US President Donald Trump has signed a bill requiring the delisting of foreign companies that do not comply with the same accounting transparency standards imposed by securities regulators on US listed companies. Why it matters: The Act on the Liability of Holding Foreign Companies Targets Chinese Companies. The Act says that if a given company fails to comply with the audit and inspection system for three consecutive years, it may delist. The Chinese government does not allow the board of directors to conduct audit inspections. A Chinese company listed in the United States. The Accounting Supervision Committee of Listed Companies was established after the accounting scandal to conduct audits and inspections of other companies listed in the United States, such as the scandal that bombed Enron in the early 2000s. Chinese companies listed in the United States have been involved in financial scandals. In the past-including this year Luckin Coffee Inc-ADR (OTC: LKNCY) led to the delisting of Nasdaq. According to an October government report, 16 Chinese companies have been delisted since February 2019. The sales star called for the delisting of the Chinese company through an investigation of the Chinese company. He told Bloomberg last month: “This is China and China’s stock promotion, manipulating fraud machines to face the SEC’s laughter.” What: The market is now waiting for any news about a specific delisting. The bill may affect 217 Chinese companies, including Alibaba Group Holding Ltd-ADR (New York Stock Exchange: BABA), JD.Com Inc. (NASDAQ: JD) ), Nio Inc-ADR (NYSE: NIO), Xpeng Inc-ADR (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI). However, since the compliance period of the bill is three years, it may not be delisted immediately. The author of this article holds shares in Luckin Coffee and an inverse ETF that tracks the stock. Image source: Xpeng Motor Technology Ltd. More information from Benzinga * Click here to view Benzinga’s option transactions * Klarna can follow Affirm Holdings to postpone the expected “buy now, pay later” fintech IPO *FTSE Russell (FTSE) Russell) will remove 8 Chinese companies from certain indexes in response to the 2020 blacklist (C) Benzinga.com in the United States. Benzinga does not provide investment advice. all rights reserved.
Using technical analysis of these stock charts, and where appropriate, based on TheStreet’s Quant Ratings’ latest actions and ratings, we zeroed out the five names. Although we will not consider fundamental analysis, we hope that this article will provide investors interested in stocks with a good starting point for further homework on the name. Overstock.com Inc. was recently downgraded to a D+ rating by TheStreet’s Quant Ratings.
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Billionaire hedge fund investor Ray Dalio tweeted about the death of his 42-year-old son, who was killed in a car accident this week.
*This weekend’s Barron’s cover story shared the panel’s views on the stock outlook for 2021. *Other feature articles discuss Barron’s stock selection in 2021, the initial setting of the Dow Jones Index in 2021, and whether dividends and buybacks will rebound. *In addition, the prospects of media and technology giants, fast-growing stocks, bank mergers, etc. Nicholas Jasinski’s “S&P 500 may rise by another 10% next year” shows that even if the market reaches a new high, Barron’s panel of experts will by 2021, with the defeat of COVID-19 and economic recovery Opening up, the room for inventory growth will increase. Find out the possible role of Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA) and more stocks. Andrew Bary’s “New Year’s Top Ten Stocks” shows that Barron’s 2021 stock list once again has value orientation, including two returning companies and eight new companies, including Goldman Sachs Group Inc. (NYSE: GS ) And Merck & Co (New York Stock Exchange: MRK). Look at how select stocks can provide some downside protection when the stock market declines next year. In “Comcast’s huge business may add up to a great reopening effect,” Darren Fonda pointed out that Comcast’s (NASDAQ: CMCSA) stock has long been behind its competitors, such as Disney and Charles Communications have a wealth of assets, from theme parks to sports channels, and are ready for the post-pandemic world. It seems that there are several high-yield 2020 Dow Dogs, including Verizon Communications Inc. (NYSE: VZ), and will continue into 2021. Al Root put it this way: “The dog of the Dow Jones stock picking strategy will not work this year.” However, newly added products include JPMorgan Chase & Co. (New York Stock Exchange: JPM). The fact that Eric J. Savitz’s “High-tech stocks look very different in 2021″ proves that the field of technology will become more difficult. In the coming year, regulatory challenges and rising interest rates. However, the biggest resistance to stocks like Apple (NASDAQ: AAPL) is simple: They look too expensive. Jack Hough’s “DraftKings and Square are ambitious growth stocks” shows that super-growthrs like Draftkings Inc. (NASDAQ: DKNG) and Square Inc (NYSE: SQ) may be difficult to value. Knowing where they see profit opportunities is a good start. See also: Benzinga’s Bull Market of the Week: Comcast, DoorDash, Exxon, Moderna, Lawrence C. Strauss’ “Dividends and Repurchase Looks Expected to Rebound in 2021″, considering the big How people perceive bad dividends at the beginning of the epidemic will be a serviceable year for stock income investors by 2020. The coming year may be better. Ben Levisohn, in the book “The market sees huge gains in 2020. Next year will bring new surprises”, he explores the biggest mistake investors may make: looking back over the past ten years, and extrapolating the Boeing Company (NYSE: BA ) Figure. future. Look at the expectations of companies like Microsoft (NASDAQ: MSFT) and Wells Fargo (NYSE: WFC). In the past, Carlton English’s “banks have begun to merge again. May see more transactions next year”. After the acquisition of TCF Financial Corp (NASDAQ: TCF) announced this week, has the bank’s merger activity resumed after a long pause? Economic recovery, low interest rates and digital growth will bring more transactions in 2021? In this week’s Barron’s: *How to trade Bitcoin at record high prices*Is all the good news incorporated into stocks*How changes in the S&P 500 index restored the index debate*Whether the upcoming European rally will be weak *How celebrities adapt to emerging market growth stocks*How the options market becomes crazier in 2021*Depressed demand for M&A transactions*Robinhood’s obstacles to the next phase of growth*How to address the growing retirement gap in the United States *Whether the legislator is about to pass a new stimulus bill* Stocks benefiting from China’s booming economy At the time of writing, the author does not have any positions in these stocks. Get all the latest major news and trading ideas by following Benzinga on Twitter. Picture from Comcast. View more information on Benzinga *Click here for Benzinga’s option trading *Weekly purchase of Pa by famous insiders: Mylan, Sonabank, Steak’n Shake, U-Haul More* Benjaminco’s bull market this week: Comcast, DoorDash, ExxonMobil, Moderna, Tesla, etc. (C) 2020 Benzinga.com. Benzinga does not provide investment advice. all rights reserved.
It is easy to buy stocks, but it is difficult to buy the right stocks without a time-tested strategy. So, what is the best stock to buy or put on the watch list now?
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MicroStrategy Inc. CEO Michael Saylor advised the founder and head of billionaire Tesla to take action in a tweet to Musk. Saylor wrote in a tweet: “If you want to provide shareholders with a benefit of $100 billion, please convert TSLA’s balance sheet from U.S. dollars to #BTC.” Tesla and Musk could not comment.
(Bloomberg)-Elon Musk asked if Tesla’s digital currency booster Michael Saylor (Michael Saylor) in the transaction on Twitter will “Transactions” are converted to Bitcoin. In a series of tweets, the executives of Saylor CEO Microstrategy Inc. encouraged the billionaire to transfer the U.S. dollar from the electric car manufacturer to Bitcoin, and “provide your shareholders with $100 billion Favor.” “Other S&P 500 companies will follow your example and gradually grow into Saylor’s tweet on Sunday, adding that it became a $1 trillion favor. Musk posted a suggestive picture showing him Seduced by Bitcoin, the value has more than tripled this year. Musk tweeted in response to Saylor. Many people assured him that, like Saylor, Saler said he had bought more than 13 Billions of dollars in Bitcoin, and is willing to share his “playbook” offline. Bitcoin soared to a record high, and investors competed for the chance of a rebound-even if it meant paying a high price. Data collected by Bloomberg showed that with As the largest cryptocurrency soared above $23,000 for the first time this week, mania pushed the price of the Bitwise 10 crypto index fund to more than 650% of its holding value. On Monday, the company traded as a member of the S&P 500 index. It has risen eight times this year. The Bloomberg Billionaire Index shows that Tesla’s “S&P 500 Road” is simply a lunatic, his net worth increased by 140 billion US dollars, and his net worth increased by 140 billion. The dollar made him the second richest man in the world. Please log in to Bloomberg.com to visit us now to get the most trusted source of business news. ©2020 Bloomberg LP
Traders are waiting for a better time to enter bank stocks. What happened: The Federal Reserve issued a statement after the market was closed on Friday, paving the way for major banks to restart stock repurchases. In the context of economic uncertainty brought about by the pandemic, the Fed stress tests on banks. The board of directors saw that the capital reserves between the banks are in good condition, passing the 33 companies tested, and allowing them to re-purchase limited stocks. Why buying is so important: Although their performance is not bad, bank stocks have not benefited from the 2020 bull market like some other industries, and this decision may change this situation into the new year. According to Bloomberg News, the six largest banks in the United States may repurchase up to $11 billion in stocks in the first quarter of next year. Trading action: The Federal Reserve announced the announcement at 4:30 on Friday, Eastern Time. Financial selection industry SPDR funds (NYSE: XLF), including major banks JPMorgan Chase & Company (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo & Co (New York Stock Exchange) Symbol: WFC), Goldman Sachs Group (NYSE: GS) and Morgan Stanley (NYSE: MS) held stocks in after-hours trading, up 3 from Friday’s closing price of $28.49 %. Image credit: Joe Mabel, Wikimedia See more information from Benzinga *Click here for Benzinga’s option deal* Klarna may follow Affirm Holdings to postpone the expected “Buy now, pay later” fintech IPO *Oops. Airbnb The host did not provide its pre-IPO stock email: NPR(C)2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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With traders taking vacations, this week will become quiet. There are almost no economic and earnings reports to be released, and in fact all these reports will be packaged into the first three days of the week.
A Wall Street observer believes that the lifestyle and tax benefits of the ensuing cheap living will not be temporary.
5G is here. The new network is online and expanding, and customers-individual consumers, institutional users and industrial applications-are beginning to take advantage of new technologies. The advantages of 5G are well known: faster connections, more efficient upload and download functions, lower latency, and higher security. 5G technology is essential to fully realize the potential of autonomous vehicles and IoT projects. How it affects the lives of ordinary people remains to be seen. Some top Wall Street analysts have been measuring the size of the new network, which may have an impact on related companies and their stocks. Using the TipRanks database, we collected the latest data on three such stocks, which analysts have used in the ever-growing 5G environment. CommScope Holding (COMM) will start with CommScope, a hardware provider of network infrastructure. The company produces antennas for building and tower installation, base stations and outdoor wireless system power supplies. As a holding company, these CommScope products are produced by subsidiaries and sold to customers worldwide. The company announced last month a partnership with Nokia on the passive-active antenna platform, promising to provide customers with faster 5G deployment. Earlier this month, CommScope announced a network installation (including 5G) contract with Wyandotte, Michigan, giving the company more than 25,000 potential customers. CommScope reported revenue of US$2.17 billion in the third quarter, an increase of 3% year-on-year. year. Broadband business grew by 20% year-on-year, and free cash flow reached US$350 million. Samik Chatterjee, a five-star analyst at JPMorgan, detailed CommScope’s forward-looking potential: “Our constructive view of CommScope’s stock is based on expectations of improved prospects for the outdoor wireless market, which is expected to grow from wireless networks. Benefit from the 5G densification work, combined with our continuous flexible spending from wired/broadband networks.” “We expect that the pace of investment in wired networks will continue, led by bandwidth needs to support peak usage, in addition to other things such as RDOF and satellite The adverse impact of reclamation and other measures, analysts added, Chatterjee rated the stock as “overweight” (buy), and its $18 target price implies 35% upside in the coming year. (See Chatterjee Click here.) Chatterjee is roughly in line with other Wall Street companies. In the past three months, Wall Street’s “Buy” rating on COMM is slightly higher than the “Hold” rating and see The stock rose by approximately 19 in the next 12 months, setting a target price of $15.80. (See COMM stock analysis on TipRanks) Crown Castle (CCI) The next stock on our list, Crown Castle, It is a real estate investment trust that owns and manages cellular network assets, including transmission towers and transmitter locations. The company has more than 40,000 towers, 70,000 operable small base stations, and 80,000 miles of fiber optic lines. The Crown Castle network supports U.S. wireless Part of the shared infrastructure of the communication system. The expansion of the 5G network is beneficial to Crown Castle, and the company has achieved growth and expansion. In November, Crown Castle signed an agreement with DISH to expand its 5G coverage. The lease agreement grants The DISH lease rights to up to 20,000 towers, including fiber optic transportation, have been granted. The quarterly revenue for the whole year has stabilized between US$1.4 and US$1.49 billion, with the latter being the latter in the most recent third quarter. The company’s site rental revenue increased by 4 %. The deployment of customers to 5G, and the subsequent demand for more tower sites, is the foundation of solid financial performance. The solid quarterly results have allowed the company to increase its quarterly dividend by 11%. Ordinary shareholders will now receive 1.33 per share US dollar earnings, the annualized rate of return reached 5.32 US dollars, the yield rate was 3.4%. Deutsche Bank analyst Matthew Niknam believes that the DISH transaction is part of the overall optimistic outlook for Crown Castle: “CCI is expected to become an early beneficiary in the next few years. Become a variety of new industry catalysts, including DISH’s 5G construction and C-band spectrum deployment. “” “In particular, we believe that its agreement with DISH for up to 20,000 sites makes it the preferred tower partner. Our analysis shows that by 2027, DISH can easily account for CCI tower sites 10% of the rental income, the agreement (conservatively) increases the value of CCI by $15/share; secondly, about 70% of CCI’s sites are located in the top 100 markets, and we think the index of its portfolio is the most likely The initial C-band growth occurred.” To this end, Niknam rated CCI as “Buy” and set a target price of $180. This figure means 17% higher than current levels. (To view Niknam’s history, click here). This is the point of view of Deutsche Bank, and now let us turn our attention to the rest of Wall Street: CCI’s 3 buy and 2 positions merged into a medium buy rating. If the average price target of $170.25 is reached, there may be about 11% upside. (See CCI stock analysis on TipRanks) Sierra Wireless (SWIR) Sierra Wireless, headquartered in British Columbia, Canada, designs and manufactures wireless devices for an international customer base. The company’s products include machine-to-machine and mobile computing devices for wireless networks, as well as modems, routers and gateways for mobile broadband wireless. Sierra has more than 550 unique patents. Sierra focuses on machine-to-machine systems, making its hardware particularly valuable for IoT applications. The company provides 5G-enabled routers and broadcast solutions for IoT networks, as well as the first 5G-enabled car router on the market. In terms of finance and inventory, we see the company develop in two directions at the same time. This year’s quarterly revenue has been declining. The revenue in the third quarter was only US$113 million, far lower than the US$144 million in the second quarter. Although the overall decline in the quarter, the automotive business did achieve a year-on-year growth of 3.6%, but the company’s stock price has been rising, with a year-to-date increase of 49%, exceeding the S&P 500 index. Bull Company is Colliers Securities analyst Charles Anderson (Charles Anderson), who calls SWIR the “5G IoT game.” Anderson set the stock as a buy and set a target price of $20. This goal shows his level of confidence-meaning there is 40% upside in a year. (To view Anderson’s track record, please click here). Anderson supported his position, he wrote: “We like the management/board upgrade combination here (the CEO reorganized under IDTI and LSCC recently joined the board); the business model transitions to higher-margin recurring revenue; 5G products Periodic exposure; and low valuation relative to peers and history…” Sierra is transforming itself from a low-margin cellular connectivity hardware supplier to a high-margin full-stack cellular IoT (hardware/software/service) supplier . This is both a better business model and a more attractive product for customers.” All in all, Sierra shared half of the recent reviews (2 buys and 2 holds), making analysts’ consensus The rating is medium buy. (See SWIR stock analysis on TipRanks) To find a great idea for 5G stock trading with attractive valuations, please visit TipRanks’ Best Stocks to Buy, a newly launched tool that combines all the stock insights from TipRanks Together. The content is for reference only, it is very important to conduct your own analysis before making any investment.
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The offer seemed trivial to the Chinese billionaire because he found himself face-to-face with officials from the Central Bank of China and institutions that oversee the securities, banking and insurance industries.
Jim Cramer said in CNBC’s “Operation Crazy Lightning” that he believed in Wells Fargo & Co (NYSE: WFC) CEO Charlie Scharf. Cramer said (MasTec, Inc. (NYSE:MTZ) was the winner. On Friday, the Fed board approved the bank to restart stock repurchases.) He likes infrastructure. Kramer said Caterpillar Inc. (New York Stock Exchange ticker: CAT) may rise to $200. He prefers Deere & Company (NYSE: DE), and Cramer prefers the crowded spaces of Velodyne Lidar Inc (NASDAQ: VLDR), which Tupperware brand company (NYSE: TUP) is difficult to own, Kramer said. If he buys it at a lower price, then he can sell it now. Although Kramer has doubled, he will continue to hold Freeport-McMoRan Inc (NYSE: FCX). View more information from Benzinga * Click here to view option trading from Benzinga * December 21, 2020 (C) Benzinga.com “Fast Funding” selection. Benzinga does not provide investment advice. all rights reserved.
Last week, a series of activities took place in the SPAC field, several deals were announced, voting dates for mergers and new SPAC ETFs were announced. The following are the new SPAC mergers announced last week. Going public through SPAC Thunder Bridge Acquisition II (NASDAQ: THBR), the company is valued at approximately $1 billion. Indie has reached deals with 12 Tier 1 automotive suppliers and has shipped more than 100 million devices. The company is increasing its OEM penetration rate and content per vehicle. The company said that the current silicon content of each car is 310 US dollars, and it is expected that the silicon content of each vehicle will increase to 4,000 US dollars. The company said that the backlog of transactions exceeds 2 billion US dollars. Indie expects revenue for fiscal year 2020 to be 23 million U.S. dollars, which is expected to grow from 2023 to an estimated $204 million. From 2020 to 2025, Indie believes that the compound annual growth rate of revenue is 85%. By 2025, more than 60% of the company’s total revenue has been in the company’s shipment or completion agreement stage. Related links: 2 new transactions, Bridgetown Rumor and Biden chose Blade: Helicopter company Blade announced plans to merge with SPAC Experience Investment Corp (NASDAQ: EXPC). The company’s helicopter transports people into and out of downtown America. Blade’s four main goals are short-distance flights of 60 to 100 miles, airport flights between New York airports, transportation of human organs in the northeastern United States, and international joint ventures. In 2019, the company’s revenue was $33 million, with 10 Regular routes. The company expects revenue in 2024 to reach 402 million U.S. dollars and is expected to have 28 routes. In 2025, the company plans to launch its eVTOL electric vertical take-off and landing aircraft. AST: Satellite network company AST&Science LLC announced a merger with New Providence Acquisition Corp (NASDAQ: NPA). It is expected that revenue in 2025 will reach 601 million U.S. dollars and start adding new flying products. AST’s investors include Rakuten, Vodafone Group Nasda (Stock code: VOD), Samsung, American Tower Corporation (NASDAQ: AMT) and UBS (NASDAQ: UBS). The company is trying to build the first space-based broadband network that can be directly accessed through regular mobile phones. Existing satellite networks require special phones or equipment to connect to the service. AST is still a few years away from bringing in considerable revenue. The company expects to have 9 million subscribers by 2023, and revenue will reach 181 million U.S. dollars. BarkBox: BarkBox is the parent company of BarkBox to provide monthly services to dog owners. It will be on sale with Northern Star Acquisition Corp (NYSE: STIC). Bark Service more than 1 million subscriptions and retailers via BarkBox (such as Amazon.com (NASDAQ: AMZN), Target Corporation (NYSE: TGT), Petco, PetSmart, and Costco Wholesale Corporation (NASDAQ stock) Code: COST)) Dog owner of the month. Bark products can be found in more than 23,000 stores. The company launched Bark Home in 2019, and Bark Eats and Bark Bright in 2020. In 2019, the pet industry’s output value reached US$96 billion and is expected to grow. The company estimates that revenue for fiscal 2021 will increase by 65% ​​year-on-year to $365 million. It is estimated that the total revenue in fiscal year 2022 and 2023 will be 516 million U.S. dollars and 706 million U.S. dollars respectively. This transaction makes Bark’s value reach 3.5 times the estimated revenue in 2021. Competitors Chewy Inc (NASDAQ: CHWY), Freshpet Inc (NASDAQ: FRPT) and Trupanion Inc (NASDAQ: TRUP) have P/E ratios of 4.4 times, 13.5 times and 6.5 times, respectively. The stock prices of these three competitors have risen by more than 100% this year. Katapult (Katapult): Leasing company Katapult is listed on Finserv Acquisition Corp (NASDAQ: FSRV). The company allows consumers to purchase retail products in installments. The company said it has more than 150 business partners and 1.4 million customers. In fiscal year 2019, Katapult’s revenue was US$92 million. Revenue in 2020 is estimated to be US$250 million. The company expects revenue to grow at a compound annual growth rate of 87%. From 2020 to 2023, it will reach 1.13 billion US dollars. Curo Group Holdings (NASDAQ: CURO) owns 40% of Katapult, and its share price rose 89% on Friday. Curo said it would own 21% of the new company and receive $125 million in cash. Merger vote: With the announced new SPAC merger, there have been several SPAC merger votes in the past week. After the merger with social capital Hedosophia Holdings Corp II (NASDAQ: IPOB) is completed, the stock code OPEN.Clever Leaves Holdings Inc (NASDAQ: CLVR) and Schultze Special Purpose Acquisition Corp (NASDAQ: SAMA) have completed the merger. BurgerFi International (NASDAQ: BFI) After a successful merger with OPES Acquisition Corp (NASDAQ: OPES), it started trading at a new price last week. Skillz Inc (NASDAQ: SKLZ), a mobile e-sports and betting company, completed its merger with Flying Eagle Acquisition Corp (NASDAQ: FEAC). II (Nasdaq: LCA) shares fell on Friday after news that they did not get enough votes to complete the transaction. A new poll will now be held on December 29. New SPAC ETF: The new actively managed SPAC ETF was also launched along with Tuttle Tactical Management’s SPAC and the newly issued ETF (NYSE: SPCX). The ETF will hold units, common stock and possible warrants. The ETF has a SPAC with a good management team that has not announced the transaction. Churchill Capital Corporation IV (Nasdaq: CCIV) is the largest of 42 companies, accounting for 6.7% of assets. Bill Foley’s Foley Transimene Acquisition (NASDAQ: WPF) is the second largest holding. Social Capital Hedosophia Holdings VI (NASDAQ: IPOF) and Social Capital Hedosophia Holdings V (NASDAQ: IPOE) are also in the top ten. For more coverage of SPAC, check out Benzinga’s SPACs Attack YouTube show, which airs from Monday to Friday at 11 am Eastern Time. Please refer to Benzinga for more information *Click here for Benzinga’s option trading* 2 new deals, Bridgetown rumors and Biden picks: SPAC attacks starting on December 15 *Independent Semiconductor SPAC: Investors should learn about 2020 automatic Driving a car (C) Benzinga.com. Benzinga does not provide investment advice. all rights reserved.


Post time: Dec-21-2020