Stock Market News: Chewy Goes Public; ArQule Soars on Cancer Study [The Motley Fool]
ARQULE (ARQL)
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Source: The Motley Fool
Stock Market News: Chewy Goes Public; ArQule Soars on Cancer Study Dan Caplinger ( TMFGalagan Jun , 09 at 9:0AM The stock market came into Friday morning's session under pressure as investors once again sought to assess economic data in light of their desire to see the Federal Reserve reduce interest rates to be more accommodative in its monetary policy. Futures markets indicated a likely decline of about 0 points for the Dow Jones Industrial Average DJINDICES:^DJI 00 SNPINDEX:^GSPC Nasdaq Composite NASDAQINDEX:^IXIC Despite the downward move in stock futures, there was a lot of enthusiasm on Wall Street to start the day. Pet products specialist Chewy NYSE:CHWY ArQule NASDAQ:ARQL Barking up business Shares of Chewy were set to open for trading for the first time today, with its shares to be listed on the New York Stock Exchange. The pet products company priced its initial public offering at $ per share, above the upper end of its most recent expected range of $9 to $ per share. Image
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