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Breakingviews TV: IPO games

01:34 BJT - 04:01

Zoom and Pinterest both priced their initial public offerings above their indicated range. It’s a sign of confidence, of frothy markets, and of insiders not having to care too much about what new investors think. Robert Cyran explains.

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Zoom and Pinterest both priced their initial public offerings above their indicated range. It’s a sign of confidence, of frothy markets, and of insiders not having to care too much about what new investors think. Robert Cyran explains.

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Breakingviews TV: IPO games

01:34 BJT - 04:01