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InvestTalk

4-1-2021: IPO Lesson: Amazon-Backed 'Deliveroo' Tanks in London Market Debut

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K Ratings

🗓️ 2 April 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

Three hedge funds bet against Deliveroo’s stock with short positions-- so, the IPO will be a test of tolerance for tech firms that spend heavily on growing at scale before prioritizing profits.

 

Today's Stocks & Topics: Cathie Wood, ENB - Enbridge Inc., Roth I-R-A, VWAGY - Volkswagen AG 1/10th ADR, Buying a House, NAT - Nordic American Tankers Ltd., SIL - Global X Silver Miners ETF, AMC - AMC Entertainment Holdings Inc. Cl A, RLGT - Radiant Logistics Inc., SNAP - Snap Inc., BIEL - BioElectronics Corp., CCIV - Churchill Capital Corp. IV Un.



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