As the end of the year draws closer, things are heating up at some of the hottest private consumer tech companies.
Several high-profile initial public offerings (IPOs) are slated to begin trading before the year ends.
There are only about six weeks of trading remaining in 2020, and several holiday breaks are mixed in. This could bring excitement to round out an intense year.
A handful of companies that have thrived during the pandemic are set to begin trading. That includes:
- DoorDash – Food delivery service
- Roblox – Online kids gaming
- Wish – Online retailer
One travel-related company that barely survived the pandemic is hoping the coming vaccines will breath new life into it:
- Airbnb – Vacation rentals
2020 has been a record year for IPOs despite the global pandemic. September saw a record 42 IPOs begin trading on the major U.S. exchanges according to Yahoo! Finance’s IPO calendar.
All four companies already filed the initial paperwork earlier in the year. The IPOs could take place after Thanksgiving and before mid-December.
Final filings are expected next week, but timelines could change depending on market conditions.
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