Investors of all stripes piled into stocks this year, creating levels of froth reminiscent of the dot-com boom. Analysts say there’s room to go higher, but some worry about a bubble.
After witnessing head-turning results for the initial public offerings by Airbnb and DoorDash, the gaming company said it would wait to test the market.
The home-rental company’s blockbuster I.P.O. followed that of the delivery company DoorDash. Investors piled into both.
Investors are tripping over one another to give hot start-ups money. DoorDash and Airbnb are going public. The good times are baaack.