Uber’s historic loss, Lyft’s abysmal month, Pinterest’s earnings disaster: Why the white-hot IPO market is full of duds (UBER, PINS, BYND, ZM, LK, LYFT)

• The US initial-public-offering market has been packed with high-profile debuts of all sizes this year.
• But some of the most widely anticipated launches have faltered in their early days of trading.
• At the heart of the poor showings are companies’ unclear paths to profitability and an uncertain economic backdrop , according to analysts and investment advisors.

Source: Uber’s historic loss, Lyft’s abysmal month, Pinterest’s earnings disaster: Why the white-hot IPO market is full of duds (UBER, PINS, BYND, ZM, LK, LYFT)