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apple developer account for sale :Stock supply glut looms as companies suck in cash

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Companies hurt most during the pandemic, from airlines to cruise lines, are rushing to raise cash and shore up balance sheets. VORACIOUS cash appetite among virus-strapped companies and a battered economy that makes buybacks tough to justify are warping supply and demand dynamics in the stock market, something for bulls to worry about heading into year end. While American firms normally repurchase way more stock than they sell, this year has been different, as offerings by everyone from Snowflake Inc. to Warner Music Group Corp. flooded the market with shares. Companies hurt most during the pandemic, from airlines to cruise lines, are rushing to raise cash and shore up balance sheets. Companies have announced plans to raise about $510 billion via initial and secondary share offerings in 2020, up 50% from last year, according to data compiled by EPFR, a unit of Informa Financial Intelligence. For the first time since the 2009 crisis year, that matches the amount that companies announced they,

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  • 2021-04-18 00:10:49

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