Today’s stock pick update

WeWork is finally going public nearly 2 years after its original high-profile failed listing. This time around, rather than a traditional IPO, WeWork has agreed to to merge with blank-check SPAC BowX Acquisition Corp. The deal values WeWork at $9 billion inducing debt, and the company will raise $1.3 billion through the deal. Two years ago, SoftBank-backed WeWork was valued at as much as $47 billion, but its plans for an IPO imploded in 2019 on concerns about the company’s ...

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Houston Wire & Cable (NASDAQ: HWCC): Houston Wire & Cable shares gained nearly 50% yesterday after the company announced it will be acquire by Omni Cable, LLC for $5.30 per share in an all-cash transaction valued at $91 million. “HWCC, Vertex and OmniCable are highly respected suppliers in their respective markets serving electrical and industrial distributors throughout ...

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Is ACCO an attractive reopening stock?

Small-cap stocks can be harder to evaluate – not because their management teams are less capable, or exercise less financial discipline, but simply because the size, scale and breadth of their respective businesses are usually more narrowly focused. That can put those companies at greater risk to economic forces that may be entirely out of their control. The divide can become even wider if the sector or industry the company operates in also happens to lie on the wrong side of shifting e...

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Vericel Corporation, a commercial-stage biopharmaceutical company, researches, develops, manufactures, and distributes cellular therapies for sports medicine and severe burn care markets in the United States. The company markets autologous cell therapy products comprising MACI, an autologous cellularized scaffold product for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; and Epicel, a permanent skin replacement humanitarian use device for the t...

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