Uber and Lyft disappointed investors since they went public. But make no mistake: The market for initial public offerings is still red hot. Some think it might be too hot.
New York Uber and Lyft disappointed investors since they went public. But make no mistake: The market for initial public offerings is still red hot.
Some think it might be too hot.Cybersecurity company CrowdStrike soared more than 70% in its debut Wednesday. And gig economy freelancer marketplace Fiverr rose about 45% from its offering price Thursday.That follows the phenomenal successes of plant-based protein company Beyond Meat , video conferencing firm Zoom and online fashion retailer Revolve Group , which is actually profitable. Still to come, online pet supplies retailer Chewy is set to start trading Friday.
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