Why the IPO market is so hot - Wall Street relocates to Florida - What s next for Betterment
Why the IPO market is so hot - Wall Street relocates to Florida - What s next for Betterment
Dan DeFrancescoDec 14, 2020, 17:25 IST
Spencer Platt/Getty
Welcome back.
It s the last full week of the year, so it ll be interesting to see how much gets done before the markets slow down during the holidays.
One thing is for sure, the red-hot streak IPOs have been on should cool down a bit. The Wall Street Journal reported Saturday that Affirm was postponing its IPO, following in the steps of Roblox.
IPO frenzy goes into overdrive - Inside Coatue s short-lived quant fund - Blackstone TV
Meredith MazzilliDec 12, 2020, 21:02 IST
Blackstone cofounder and CEO Stephen Schwarzman.Reuters/Shannon Stapleton
Happy Saturday!
It was a wild week for IPOs. Now, one company is taking a time out. Roblox is delaying its initial public offering until next year after the video game maker decided it would be too difficult to price its shares, the
Wall Street Journal reported on Friday night.
We took a look at what s been driving the
IPO rush and enormous pops in early days of trading for big names like Airbnb and DoorDash. From Alex Morrell:
The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. - Home-sharing giant Airbnb was set for its Wall Street debut Thursday with a whopping $47 billion valuation amid a feverish rush for new shares in companies adapting to lifestyle changes imposed by the coronavirus pandemic. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images) KENA BETANCUR/AFP via Getty Images
From Dakin Campbell:
In April, just weeks after the raging coronavirus pandemic threatened to shut down the US economy, Silver Lake Partners and Sixth Street Partners made a bold bet.
IPO frenzy goes into overdrive - Inside Coatue s short-lived quant fund - Blackstone TV mmazzilli@businessinsider.com (Meredith Mazzilli)
Happy Saturday!
It was a wild week for IPOs. Now, one company is taking a time out. Roblox is delaying its initial public offering until next year after the video game maker decided it would be too difficult to price its shares, the Wall Street Journal reported on Friday night.
We took a look at what s been driving the IPO rush and enormous pops in early days of trading for big names like Airbnb and DoorDash. From Alex Morrell:
Not since the days of Y2K, GeoCities, and eToys.com have initial public offerings garnered such unbridled enthusiasm from investors.