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Industry Focus

Tech: Checking in on IPOs

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 17 May 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

We've got our hands on the first report for recently public Pinterest! We dive in and try and figure out why the stock sold off 10% after earnings, and check in on 2018 IPOs Upwork and Docusign to see how they're faring after their first year on the market.

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Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It is Friday, May 17th, and we're doing a little check-in on some companies that have gone public recently. I'm your host

0:14.0

Dylan Lewis and I've got fool.com's Brian Feroldi with me on Skype. Brian what's

0:18.7

going on? Hey Dylan I know that you as a big New England sports fans were thrilled to wake up this morning and learn that the Boston Bruins are heading to the Stanley Cup finals.

0:28.5

Is that correct?

0:29.5

You know what Brian, while I do not like the Patriots and while you love to rub the Patriots success in my face, I do like some of the Boston sports teams because I went to college in Boston. I have a soft spot for some of those teams. I'm a Red Sox fan. I'd say I'm a casual Celtics and Bruins fan. I like the old

0:44.4

franchises. So while you're trying to gloat right now, I'm not going to let you have it.

0:48.8

I'm going to be the bigger man and be happy. That's wonderful. So glad to know that you're a Bruins fan too.

0:54.0

It's something that we can share.

0:56.0

Clearly you were busy last night watching the game.

0:59.0

I was and it was a good night.

1:01.0

Not so good of a day for a stock that you own Brian. We're going to be

1:05.4

talking about a couple different companies today that have gone public in the

1:08.8

last year or so and this is my my brief moment to rub something in your face.

1:14.4

Pinterest, this is a stock that we just talked about

1:16.1

maybe a month ago, had a pretty rough first earnings report.

1:19.4

This is our first look at them as a publicly traded company.

1:21.9

Market didn't love the results.

1:24.0

Yeah, market was definitely not happy with Pinterest's first earnings report.

1:28.0

And when a company is releasing earnings for the first time,

1:32.0

it is really their chance to set the tone

1:34.6

with how they will act and operate as a public company.

...

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