Comment by wp381640

You're making the mistake of valuing this IPO on its fundamentals while currently the market is largely being driven by liquidity.

It's really hard to have a failed tech IPO at the moment with all the demand which is why they're all rushing the gates.

It'll take a large, broad recession to bring tech stocks back down

I'd expect Asana, Unity, Sumo and Snowflake to all pop and stay up in the short term

I'd add AirBNB to the list considering booking is only down 10% off it's high and Expedia is up 100%+ from it's covid-low