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PTON - Why Uber Lyft and Other 2019 Billion Dollar IPOs are Struggling
Peloton Interactive Inc.
2019 has been a banner year for IPOs.
Or rather it has been a banner year for the valuations of companies that have hit the public market for the first time. The five largest offerings of the year alone brought well over $100 billion to the stock market...but that value hasn't exactly stuck around.
In this video from our YouTube channel, we break down why some of the biggest initial public offerings of 2019 are struggling and how one company in particular has managed to soar.