Why Are There So Many IPOs During A Pandemic? Here Are 4 Reasons
Dec 11, 2020
It’s a big month for IPOs: Airbnb and DoorDash are both going public this week, and online video game company Roblox and fintech Affirm are set to follow. DoorDash sold shares at $102 (above estimates), and then closed its first day of trading at $189. How is this happening in a country gripped by a coronavirus pandemic and high unemployment? In the topsy-turvy logic of the stock market, financial wins are possible. Read more at Fast Company.
