Chinese online grocer MissFresh files for IPO

Tencent-backed Chinese online grocer MissFresh Ltd. has filed for an initial public offering. The company seeks to sell $100 million worth of shares, although that figure is often a placeholder used to calculate filing fees. MissFresh owns and operates a network of grocery stores and customers can order through its app. “We strive to make grocery shopping more delightful, more efficient, more affordable and more trustworthy,”

Tilray Inc. Cl 2 stock rises Tuesday, outperforms market

Shares of Tilray Inc. Cl 2 TLRY, +2.54% rose 2.54% to $20.22 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.31% rising 0.31% to 13,924.91 and the Dow Jones Industrial Average DJIA, -0.09% falling 0.09% to 34,599.82. This was the stock’s second consecutive day of gains. Tilray Inc. Cl 2 closed $46.78 short of its 52-week high ($67.00), which the company achieved on February 10th.

Merck & Co. Inc. stock falls Monday, underperforms market

Shares of Merck & Co. Inc. MRK, -1.77% slid 1.77% to $72.80 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.08% to 4,226.52 and Dow Jones Industrial Average DJIA, -0.36% falling 0.36% to 34,630.24. The stock’s fall snapped a three-day winning streak. Merck & Co. Inc. closed $10.91 below its 52-week high ($83.71), which the company achieved on September 3rd.

‘BANG’ stocks mostly higher as broader market set for mixed open

The so-called “BANG” stocks, or a mixed collection of some of the more popular “meme” stocks, were mostly higher in premarket trading Monday, while futures suggest a mixed open for the broader market. Shares of BlackBerry Ltd. BB, +13.78% rose 1.9% ahead of the open, AMC Entertainment Holdings Inc. AMC, +14.80% rallied 2.6%, Nokia Corp. NOK, +2.37% slipped 0.3% and GameStop Corp. GME, +12.74% climbed 1.1%.

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