By CCN Markets: The Uber and Lyft IPOs went absolutely nowhere, despite enormous hype and anticipation. Since then, other IPOs from lesser-known companies like Fiverr, CrowdStrike, and Beyond Meat have soared. Why are these stocks getting the love when the long-anticipated Uber and Lyft IPOs flamed out in spectacular fashion? There are different reasons for each, but they relate to fundamentals, perception, and share float. CrowdStrike Kills Uber in Key Area: Fundamentals Investors knew that Uber and Lyft were losing money, but when the financials were released, it became apparent that they were losing a LOT of money. There is
The post Why Fiverr, Beyond Meat, & CrowdStrike Stock Defied the Uber IPO Curse appeared first on CCN Markets
Read the original post: Why Fiverr, Beyond Meat, & CrowdStrike Stock Defied the Uber IPO Curse
