Investors Show a Taste for US Foods

Investors Show a Taste for US Foods

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Business

University

Hard

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The transcript discusses U.S. Foods' decision to go public after a blocked merger with Cisco due to antitrust issues. It highlights a busy IPO week with U.S. Foods and other companies going public, including Twilio, a tech company. The performance of recent IPOs like Red Rock Resorts, Bats, and Acacia is analyzed, showing mixed results. The market outlook is discussed, with expectations for future IPOs and insights from New York Stock Exchange President Tom Farley.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the performance of Red Rock Resorts been since its IPO?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the New York Stock Exchange President say about June's significance?

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