From Airbnb to Tesla, it’s starting to feel like 1999 all over again. May end same way, Barron's says in cover story. Another blast from that past is Tesla's 50%-plus jump since S&P announced stock's S&P500 inclusion. That recalled 64% jump in Yahoo! ahead of addition in Dec1999. pic.twitter.com/RB46ES5LOT
— Holger Zschaepitz (@Schuldensuehner) December 12, 2020
"IPO frenzy" is an understatement. Last week's equity issuance was one for the ages. There were a record 8 IPOs up over 40% and 41 secondary offerings, also a record.@barronsonline #everythingbubble #IPOs pic.twitter.com/UbFADaFfGF
— Kevin Duffy (@kevinduffy1929) December 12, 2020
🇺🇸 Wall Street #IPO bonanza stirs uneasy memories of 90s dotcom mania – FT
*Link: https://t.co/2HpWeTZosD pic.twitter.com/wsen1cKxQ0— Christophe Barraud🛢 (@C_Barraud) December 13, 2020
🇺🇸 Public Markets Mint #IPO Gold With ‘Massive’ Valuation Premiums – Bloomberg
*Link: https://t.co/p2dXmVexIW pic.twitter.com/xAzRhtnnAO— Christophe Barraud🛢 (@C_Barraud) December 12, 2020
🇺🇸 #IPO Mania Sweeps Over #Robinhood Crowd and Stokes a 111% Rally – Bloomberg
*Link: https://t.co/I1h4UyGR7D pic.twitter.com/OGbyvC3u14— Christophe Barraud🛢 (@C_Barraud) December 12, 2020
The IPO ETF and SPY had been tracking each other very closely over the past few years. Since the COVID lows, IPO has absolutely taken off versus the broad market. https://t.co/DtTLfs7KEo $IPO $SPY pic.twitter.com/XWmh40iTK3
— Bespoke (@bespokeinvest) December 11, 2020
2020 IPOs: 1st Day vs. Offering Price…
CureVac $CVAC: +249%
BigCommerce $BIGC: +201%
Berkley $BLI: +198%
Seer $SEER: +197%
Agora $API: +152%
Lemonade $LMND: +139%
Ncino $NCNO: +133%
Vroom $VRM: +118%
Airbnb $ABNB: +112%
Snowflake $SNOW: +112%
KE $BEKE: +87%
DoorDash $DASH: +86%— Charlie Bilello (@charliebilello) December 10, 2020
Recent IPO frenzy is 'unsustainable' and could end in 'many accidents,' CEO of world's largest asset manager says https://t.co/MDZA5EMgXt
— Business Insider (@businessinsider) December 12, 2020
