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LSE:BAES 6 January 2026

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  • Authentic Brands Group plans IPO with new CEO appointment
    May 20, 2026, 11:49 AM EDT. Authentic Brands Group, a brand licensing company, is gearing up for a public offering as founder Jamie Salter named a former Wynn Resorts CEO to lead the firm. The leadership change signals the company's intent to go public, aiming to expand its market presence. CEO transition often precedes IPOs, reflecting strategic shifts to navigate public markets successfully.

Latest articles

Plug Power Stock Gets a UK Hydrogen Jolt — But the Cash Test Isn’t Over

Plug Power Stock Gets a UK Hydrogen Jolt — But the Cash Test Isn’t Over

20 May 2026
Plug Power shares rose 1.2% to $3.35 Wednesday after the company’s 30-megawatt Barrow Green Hydrogen project in the UK reached final investment decision. The stock rebounded after four straight declines, including a 4.1% drop Tuesday. Plug will supply six electrolyzers to the project, which aims to cut natural gas use at a Kimberly-Clark plant by up to 50%. Trading volume reached about 17.9 million shares.
Nu Holdings shares rise as Nubank faces key credit test

Nu Holdings shares rise as Nubank faces key credit test

20 May 2026
Nu Holdings shares rose 2.3% to $12.58 in New York on Wednesday, recouping losses after last week’s earnings. Nubank reported first-quarter revenue above $5 billion and net income of $871 million, but credit loss allowances jumped 33% to $1.79 billion. Early-stage non-performing loans reached 5.0%. The company’s customer base topped 135 million by March.
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