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Stockreport

Mideast Amazon rival noon raises $500 million [Yahoo! Finance]

Electronic Arts Inc. (EA)  More Company Research Source: Yahoo! Finance
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
as it works towards a potential initial public offering, according to people familiar with the matter. Also among the backers are noon's founder, Dubai-based Mohammed Alabbar, who is also chairman of the real estate developer Emaar Properties, the people said, asking not to be named. A spokesman for the PIF declined to comment, while Riyadh-headquartered noon and Alabbar didn't respond to requests for comment. The fundraise comes as noon faces increasing competition from local and international rivals expanding in the region, eager to tap into the Gulf's young, wealthy, and tech-savvy population. It also coincides with a busy time for PIF, which recently led a $55 billion takeover of Electronic Arts and is among those backing Paramount Skydance's $108 billion hostile bid for Warner Bros. Discovery, even as it is trimming budgets for its large domestic investment plans. Noon — which launched in 2016 with the PIF holding a 50% stake and investors led by Alabbar holding the rest [Read more]

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Stockreport

Mideast Amazon rival noon raises $500 million [Yahoo! Finance]

Electronic Arts Inc.  (EA) 
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
as it works towards a potential initial public offering, according to people familiar with the matter. Also among the backers are noon's founder, Dubai-based Mohammed Alabbar, who is also chairman of the real estate developer Emaar Properties, the people said, asking not to be named. A spokesman for the PIF declined to comment, while Riyadh-headquartered noon and Alabbar didn't respond to requests for comment. The fundraise comes as noon faces increasing competition from local and international rivals expanding in the region, eager to tap into the Gulf's young, wealthy, and tech-savvy population. It also coincides with a busy time for PIF, which recently led a $55 billion takeover of Electronic Arts and is among those backing Paramount Skydance's $108 billion hostile bid for Warner Bros. Discovery, even as it is trimming budgets for its large domestic investment plans. Noon — which launched in 2016 with the PIF holding a 50% stake and investors led by Alabbar holding the rest [Read more]

IMPACT SNAPSHOT
EVENT TIME:
EA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS