Renaissance IPO ETF Rallies Amid Slack Acquisition Rumors
November 25, 2020 at 14:31 PM EST
Shares of Slack were on fire on Wednesday, surging as much as 32% before tempering gains, after a report from analysts that Salesforce was in discussions to purchase the company. While Salesforce stock dropped around 4% on the news, the Renaissance IPO ETF (IPO), which holds a significant position...