Investors double down on tech stocks in massive DoorDash, Airbnb, C3.ai IPOs
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Maybe it is a stock market bubble, or a tech-stock bubble at least. And maybe DoorDash, Airbnb and C3.ai and their bankers should have priced higher regardless to take advantage of all of the enthusiasm. It’s hard to avoid reactions like that, after DoorDash, for example, doubled its final private share price to $102 for its public debut on Wednesday — only to see the price climb to $175 at the end of the week.
Or maybe none of this will matter, because the future is way bigge...Read all