Can This Stay-at-Home Stock Turn It Around?
There are two trends that have defined the equity markets in 2020.
The first is the rise of the public debut. Led by notable IPOs and the new kid on the block -- special purpose acquisition companies (SPAC) -- new stocks have mostly found a strong reception in the markets. In a three-month period, the United States produced three of the top 10 largest U.S. technology-related IPOs ever: AirBnB, DoorDash, and Snowflake.
The second is the stay-at-home trend. Stocks like Zoom Video Communications, which helped the workforce better work (and play) remotely, have been big winners during the pandemic.
Source Fool.com
