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SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M (Shiri Habib-Valdhorn/Globes Online)

SimilarWeb closes down 0.6% in its NYSE debut after raising 5M in its IPO at a valuation of ~.6B; its revenue in 2020 was .5M with a net loss of M (Shiri Habib-Valdhorn/Globes Online)

Shiri Habib-Valdhorn / Globes Online: SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M  —  The Israel company, which has developed a platform for understanding online behavior by …

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Hedge fund Melvin sustains 53% loss after Reddit onslaught

Hedge fund Melvin sustains 53% loss after Reddit onslaught

Innocenti | Getty Images Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies it had bet against, lost 53 percent in January, according to people familiar with the firm’s results. The New York-based hedge fund sustained a $4.5 billion …

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