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2021-07-02

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Pop Culture IPO: 11 Things to Know About CPOP Stock as Shares Rocket Nearly 100%

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPop Culture IPO: 11 Things to Know About CPOP Stock as Shares Rocket Nearly 100%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/pop-culture-ipo-11-things-to-know-about-cpop-stock-as-shares-rocket-nearly-100/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pop Culture(NASDAQ:CPOP) stock is rocketing higher on Thursday after the company launched its initial public offering (IPO) yesterday.\nLet’s take a deeper dive into Pop Culture and its recent IPO.\n\nTo...</p>\n\n<a href=\"https://investorplace.com/2021/07/pop-culture-ipo-11-things-to-know-about-cpop-stock-as-shares-rocket-nearly-100/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPOP":"普普文化"},"source_url":"https://investorplace.com/2021/07/pop-culture-ipo-11-things-to-know-about-cpop-stock-as-shares-rocket-nearly-100/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149075758","content_text":"Pop Culture(NASDAQ:CPOP) stock is rocketing higher on Thursday after the company launched its initial public offering (IPO) yesterday.\nLet’s take a deeper dive into Pop Culture and its recent IPO.\n\nTo start off with, Pop Culture is a Chinese company based out of Xiamendedicated to promoting hip-pop culture.\nIts goal is to “promote hip-hop culture and its values of love, peace, unity, respect, and having fun, and to promote cultural exchange with respect to hip-hop between the United States and China.”\nThis has it offering up entertainment events, online programs, and other services with the younger generation as its primary target.\nPop Culture launched its IPO yesterday that put shares of CPOP stock on theNasdaq Exchange.\nThis saw it offering 6.2 million shares of CPOP stock at a price of $6 each.\nThe company expects to generate $37.2 million from the offering.\n\n\nThere’s also a 45-day option for underwriters of the IPO to purchase an additional 930,000 shares at the IPO price.\nThe offering is expected to close tomorrow.\nPop Culture already has plans for the money it gains from the IPO.\nThat includes using it to “develop and operate online content, develop a street dance training business, create derivative works of hip-hop intellectual properties, and develop hip-hop events, and for working capital and other general corporate purposes.”\nWhile CPOP is currently trading well above the penny stock range, investors may still want to be careful when investing considering its low price before the massive surge yesterday and today.\n\nCPOP stock was up 99.7% as of Thursday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":19,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/156375121"}