Nancy Tengler comments on Trading Nation in CNBC

Peloton skids in debut, but two recent IPOs are setting up for gains

The IPO market saw another disappointing debut as Peloton skidded in its first day of trading.

The fitness stock declined 11% to $25.76 on Thursday, below its IPO price of $29 a share, and the second-worst public debut of a unicorn this year.

The rest of the stocks that have made recent debuts — Pinterest, Lyft, Zoom, Beyond Meat and Uber — have slumped this month.

View more here: https://www.cnbc.com/2019/09/27/peloton-skids-in-debut-but-two-recent-ipos-are-setting-up-for-gains.html

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