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Leslie Picker Profile
Leslie Picker

@LesliePicker

29,600
Followers
2,202
Following
414
Media
9,227
Statuses

CNBC Senior Banking & Finance Correspondent

New York via Kansas
Joined November 2009
Don't wanna be here? Send us removal request.
@LesliePicker
Leslie Picker
5 years
Snap S-1: We are a camera company WeWork S-1: We are a community company Peloton S-1: We are a technology, media, software, product, experience, fitness, design, retail, apparel, logistics company
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@LesliePicker
Leslie Picker
5 years
Sources say Levi Strauss is: - Likely pricing above the belt - A riveting deal for investors - Sizing up its IPO
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@LesliePicker
Leslie Picker
4 years
The 10-year is hitting 0.50% and a pack of Clorox wipes is selling for $50 on Amazon. What. Is. Happening?
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@LesliePicker
Leslie Picker
4 years
The enormity of the news makes it feel like several decades have passed since I was last @CNBC . As of today, though, I'm back from maternity leave. I have been awed by my colleagues and peers, covering the multi-faceted crises. I'm looking forward to reporting again.
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@LesliePicker
Leslie Picker
5 years
Grateful today for the letter ‘i,’ an important vowel that differentiates ‘Picker’ from ‘Pecker’
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@LesliePicker
Leslie Picker
7 years
Katrina Lake is founder and CEO of Stitch Fix. Only 3% of companies are led by a woman at the time they go public
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@LesliePicker
Leslie Picker
7 years
Some news: I'm headed to CNBC in Feb. to cover hedge funds, PE & asset mgmt. Thanks to all at NYTimes for making my time there so wonderful
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@LesliePicker
Leslie Picker
5 years
$26 was Slack’s reference price, meaning shares weren’t sold at $26, therefore no one made a quick 49% return in one day. The shares opened at $38.50, rose as high as $42 and ended the day at $38.62. So unless you were a private investor, you made no more than 9% today
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@LesliePicker
Leslie Picker
5 years
About 50 years ago (in November 1972), the Dow made news for closing above 1,000 for the first time ever. It just surged 1,000 points in one trading day. Oh the power of half a century in the financial markets
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@LesliePicker
Leslie Picker
4 years
I have four pints of ice cream in my fridge. I just eat them directly from the container, one by one, each night before I go to sleep. Who says buffets are a thing of the past?
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@LesliePicker
Leslie Picker
5 years
It's 2019 and a $47 billion company has an all-male board of directors w/ @dee_bosa $WE
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@LesliePicker
Leslie Picker
6 years
Credit Suisse has not yet made a decision with regard to calling an acceleration of the $XIV, according to a person with direct knowledge of the matter. Credit Suisse is completely hedged against its exposure, the person said.
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@LesliePicker
Leslie Picker
5 years
WeWork becomes WeWait Source says the IPO no longer has even a tentative timeline; the deal could be next month or next year. $WE
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@LesliePicker
Leslie Picker
4 years
It will be hard to forget - 02.02.2020 - the day the CHIEFS won the Super Bowl. We’ve waited decades. It’s just unreal. 🏈
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@LesliePicker
Leslie Picker
5 years
Lyft sets terms for its IPO roadshow: - $62 - $68 per share - About $2 billion IPO at the midpoint - $18.5 billion valuation at the midpoint (pre-money, non-diluted)
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@LesliePicker
Leslie Picker
5 years
Wishing my amazing friend and colleague @CourtReagan all the best this weekend as she runs the Chicago Marathon! Court and her husband have raised thousands of dollars for the American Cancer Society, all while balancing training, work, and life obligations. Go Court, go! 💪🏻
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@LesliePicker
Leslie Picker
3 years
We spent several months investigating why an outdated card technology underpinned a large swath of the government-benefits programs across the country, making it easier for criminals to steal unemployment insurance. w/ @RitikaTShah , @jennyanne211
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@LesliePicker
Leslie Picker
4 years
Alll byyy myselllffff
@marfgilbert
Marc Gilbert
4 years
@LesliePicker @CNBC Photo evidence. Day 1 back and workin the phones
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@LesliePicker
Leslie Picker
4 years
Stocks priced at less than $1 in the Russell 2000 (29 stocks) are up 79% on average over the last five trading days, excluding today, outperforming the overall index by 70% -via a note to institutional investors from the institutional equity derivatives team at Citadel Securities
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@LesliePicker
Leslie Picker
6 years
I don’t want to brag, but I have a Peloton at home and consistently rank in the top 85 percent of the class
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@LesliePicker
Leslie Picker
7 years
1/ A reminder that investors put more than $11.5 billion into Uber through debt and equity financing over the last eight years
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@LesliePicker
Leslie Picker
5 years
It's quite rare for an IPO to double on the first day of trading. Only 22 companies have done so since 2001, according to data by the University of Florida. But interestingly, many of them are food-related (Chipotle, Noodles & Co., Sprouts, Shake Shack, Potbelly, etc.) $BYND
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@LesliePicker
Leslie Picker
4 years
Wow
@ROIChristie
Ch®️istie 📈
4 years
Net new retail / brokerage accounts 2019 v. 2020 👀
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@LesliePicker
Leslie Picker
5 years
Paul Tudor Jones: @realDonaldTrump has ‘’convinced the Fed that running negative real rates, with a 50-year low in unemployment is reasonable monetary policy with no consequences. Clearly the low-interest rate policy we’re pursuing is creating excess.’’
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@LesliePicker
Leslie Picker
4 years
Datadog closed at exactly $35.91 today. The wording in the S-1 indicates that Datadog must close at least 33% higher than its $27/SH IPO price, which means it must be at least $35.91. Someone let the dogs out...the stock is already down almost 2% in after-hours trading
@LesliePicker
Leslie Picker
4 years
Keep an eye on shares of Datadog, which has a unique lockup provision. If the shares close above $35.91 TODAY that will allow the company to release about 20% or 43.8 million of the locked up shares early (on Monday). $DDOG shares closed yesterday just 0.1% below that target
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@LesliePicker
Leslie Picker
6 years
Perhaps more surprising to me than all the companies cutting ties with the NRA is the fact that so many companies had ties with the NRA
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@LesliePicker
Leslie Picker
4 years
Chapter 11 bankruptcies up 26% in the first half of the year and experts say that's just the tip of the iceberg because the full effects of the shutdown have yet to play out. Story with @RitikaTShah on @SquawkCNBC this morning:
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@LesliePicker
Leslie Picker
5 years
Stocks that most-frequently appear among largest 10 holdings of hedge funds: #1 Amazon #2 Facebook #3 Microsoft #4 Google #5 Alibaba #6 Netflix #7 Celgene #8 Visa #9 PayPal #10 Disney h/t @GoldmanSachs
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@LesliePicker
Leslie Picker
5 years
The Russell 2000 is up 24% since Christmas Eve, the third-best start to the year. Only 1987 and 1991 were better with multiples of 14.4x and 11.5x, respectively. Today, the multiple is 19.8x, causing analysts at Jefferies to say it’s time for small caps to take a ‘breather’
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@LesliePicker
Leslie Picker
6 years
A very blunt conversation
@latimes
Los Angeles Times
6 years
Elon Musk smokes a joint live on YouTube with podcaster Joe Rogan
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@LesliePicker
Leslie Picker
7 years
Blue Apron filed with a new price range due to low demand: $10 to $11 per share versus $15 to $17 when it started its roadshow last week
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@LesliePicker
Leslie Picker
4 years
“Finance is, like, done. Everybody’s bought everybody else with low-cost debt. Everybody’s maximised their margin. They’ve bought all their shares back . . . There’s nothing there. Every industry has about three players. Elizabeth Warren is right.”
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@LesliePicker
Leslie Picker
6 years
I leave my apartment at 3:30am (so there’s no one else up or around), get in the elevator and as the door is closing, it opens, as if someone has stuck their arm or leg in it. And that’s when I realize...it’s a fly. A very powerful fly.
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@LesliePicker
Leslie Picker
7 years
Three shareholder outbursts at Wells Fargo annual meeting so far, speaking before official Q&A begins. All were escorted out by security.
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@LesliePicker
Leslie Picker
3 years
The combined market value of Blackstone, KKR, Carlyle, Apollo and Ares has tripled from $80 billion in March 2020 to $252 billion this year, per @RobinWigg via the @FT $BX $KKR $APO $CG $ARES
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@LesliePicker
Leslie Picker
5 years
Special Purpose Acquisition Companies, or SPACs, have raised $6.8 billion year-to-date, the largest volume over comparable time periods in 15 years. The greatest number of SPACs -- 28 -- have been listed YTD since 2007 when 35 SPACs were listed. h/t @Dealogic
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@LesliePicker
Leslie Picker
6 years
When you’re staying at a Hampton Inn and get targeted ads for real estate in the Hamptons. Not the same thing, guys!
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@LesliePicker
Leslie Picker
5 years
Really looking forward to this!
@wbcny
Women's Bond Club
5 years
CNBC’s @LesliePicker is set to be the Mistress of Ceremonies for @wbcny 's Merit Award Dinner. Pickler is a true leader in the finance industry and it is sure to be a fantastic event! For more information about the event email us at wbc @sequence -events.com #WBCMAD2019
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@LesliePicker
Leslie Picker
6 years
Paul Tudor Jones to @andrewrsorkin : I think you’ll see rates and stocks go up in tandem at the end of the year; analogous time periods include ‘87 in the U.S., ‘99 in the U.S., ‘89 in Japan. ‘I can see things getting crazy to the upside’ (after Midterm elections) @SquawkCNBC
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@LesliePicker
Leslie Picker
4 years
Sorry, guys. Can't buy up shares in this bankrupt company because it isn't public
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@LesliePicker
Leslie Picker
5 years
Biggest IPOs of 2019 (so far): #1 : Uber: $8.1 billion #2 : Avantor: $2.9 billion #3 : Lyft: $2.3 billion #4 : Pinterest: $1.4 billion #5 : SmileDirectClub: $1.3 billion (est.) #6 : Peloton: $1.2 billion (est.) Note: Estimates for $SDC and $PTON are based on top end of IPO range
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@LesliePicker
Leslie Picker
4 years
Chamber of Commerce just published a report in response to @ewarren 's private-equity reform bill saying it could cause: - Up to 26 mln job losses - Up to $475 bln annually in lost tax revenue - Up to $3.4 bln in lost investor capital - End of PE industry
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@LesliePicker
Leslie Picker
5 years
Ethan Brown, CEO of @BeyondMeat , avoided flying private, when he could during the roadshow, to limit his carbon footprint in selling the IPO to investors $BYND
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@LesliePicker
Leslie Picker
4 years
CHIEFS!!!
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@LesliePicker
Leslie Picker
5 years
Instead of a W-2, they’d file an R2-D2
@BilldeBlasio
Bill de Blasio
5 years
As President, I would issue a robot tax for corporations displacing humans, and create a federal agency to oversee automation.
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@LesliePicker
Leslie Picker
7 years
Sources tell @andrewrsorkin that neither the president nor Steve Schwarzman disbanded the forum voluntarily
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