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DoorDash IPO Analysis: Buy Early or Run Away?
Episode 619th December 2020 • The Stock Power Podcast • Money & Markets
00:00:00 00:09:20

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December is a relatively slow time for the market, and it’s even slower for initial public offerings (IPOs).

However, there are some interesting new listings coming to the market … including a big one this week: DoorDash Inc. (NYSE: DASH).

It’s already been a big year for IPOs, especially given the popularity of special purpose acquisition companies, or SPACs.

SPACs are companies already trading on the market that use their capital to purchase private companies, thus making them public through reverse mergers.

More than 200 IPOs and SPACs launched this year despite economic issues surrounding the coronavirus. 

In this episode of The Bull & The Bear, I take a look at this week’s hottest IPO, DoorDash. I’ll tell you whether you should invest early … or stay away.

DoorDash is a big player in communications sector. Its restaurant delivery services have performed well during COVID-19, and I’ll let you know if the news warrants a spot in your portfolio. 

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