In this episode of The Bull & The Bear, I offer up some analysis of the DoorDash IPO.
December is a relatively slow time for the market, and it’s even slower for initial public offerings (IPOs).
However, there are some interesting new listings coming to the market … including a big one this week: DoorDash Inc. (NYSE: DASH).
It’s already been a big year for IPOs, especially given the popularity of special purpose acquisition companies, or SPACs.
SPACs are companies already trading on the market that use their capital to purchase private companies, thus making them public through reverse mergers.
More than 200 IPOs and SPACs launched this year despite economic issues surrounding the coronavirus.
More IPOs Launch in 2020 Than In the Last Five Years
In this episode of The Bull & The Bear, I take a look at this week’s hottest IPO, DoorDash. I’ll tell you whether you should invest early … or stay away.
DoorDash is a big player in the communications sector. Its restaurant delivery services have performed , and I’ll let you know if the news warrants a spot in your portfolio.
Remember, knowing the data and the details about specific companies like DoorDash helps you determine whether it is worth investing in.
That’s why we do the work for you and provide our analysis on each of these stocks.
The Bull & The Bear
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Research Analyst, Money & Markets
Matt Clark is the research analyst for Money & Markets. He’s the host of our podcast, The Bull & The Bear, as well as the Marijuana Market Update. Before joining the team, he spent 25 years as an investigative journalist and editor — covering everything from politics to business.