The Last Of The IPO Unicorns

Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market’s willingness to buy unicorn IPOs.

Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market’s willingness to buy unicorn IPOs. While in the past large valuations were rare, over time they have become more frequent. Sosnick believes some valuations may be going higher because of institutional interest as opposed to individual investors.

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