Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Why the Unicorns Are All IPO-ing Right Now -- ICYMI

Video Credit: The Street - Duration: 02:17s - Published < > Embed
Why the Unicorns Are All IPO-ing Right Now -- ICYMI

Why the Unicorns Are All IPO-ing Right Now -- ICYMI

It seem all the unicorns are going public at once.

That's not a coincidence, according to a few unicorn experts.

Unicorn IPOs Lyft , and unicorns Uber, Pinterest, Slack and AirBnB, all seem to be planning to offer shares to the public at the same time.

They're "absolutely" trying to issue shares while tech stocks are flying high, Santosh Rao, head of research at Manhattan Venture Partners, told TheStreet; the Nasdaq has risen 20% year-to-date.

"After the longest-running bull market, they [unicorns] don't want to get caught on the other side of it." Rao added that "these companies want to get out [and issue stock]" now.

Others agree.

"The Nasdaq is performing better than any time in the same time period over the past six years... That being said, I don't think Uber should wait," Alejandro Ortiz, principal analyst at Sharespost, told TheStreet recently.

"We don't know where we'll be six months from now, so while sentiments are up, it's a good time to go public." How Can Lyft Be Valued, If It's So Far From Profitability?

First off, let's acknowledge Guggenheim analysts, who noted recently that "limited visibility on the path to profitability" is a core risk to Lyft, as its "valuation is challenging." Lyft's net loss in 2018 of $911 million represents a 210% increase over that of 2017.

Lyft would ideally like to increase its take-rate or increase its prices, but both are difficult, as it's in intense competition with Uber, Juno, and Via for drivers and riders.

Other profitability factors, both on the revenue and cost side, will be of primary focus for Lyft.

But even as it potentially nears profitability, capital expenditures won't abate soon, as the company looks to invest in scooters and bikes, pressuring free cash flow.

So how can investors arrive at a valuation level for a company that isn't exactly close to generating positive cash flow consistently?

Sign up for the In Case You Missed It newsletter to see the answer from a top expert.

UnitedHealth UnitedHealth , RealMoney's stock of the day, beat earnings estimates, posting earnings per share of $3.73 a share on an adjusted basis, beating estimates of $3.60.

Management raised its full-year 2019 adjusted EPS forecast to between $14.50 and $14.75 from its prior estimate of $14.40 to $14.70.

Still, the stock fell 5.06% to $218.55, bringing the rest of the sector down with it.

See why here.

Watch the video above to see more on United Health.

Related.

Political Environment Pressures UnitedHealth Shares Don't forget to sign up for the In Case You Missed It Newsletter.

0
shares
ShareTweetSavePostSend
 

Recent related news from verified sources

Learn C, C++, and C# with this set of coding courses that's $39

* TL;DR: *The all-encompassing Complete C Programing Certification Bundle has seven coding courses...
Mashable - Published


You Might Like


Recent related videos from verified sources

Netflix: All The Movies And TV Shows Releasing This Weekend [Video]Netflix: All The Movies And TV Shows Releasing This Weekend

Netflix has several new shows and movies being released this weekend. That's why Comicbook.com made a list of all the ones they are most excited about. The first show they listed is an animated..

Credit: Wochit     Duration: 00:32Published

Kylie Jenner Wants To EXPERIENCE Other Men! Shawn Mendes Shoots His Shot At Selena Goemz! | MOTW [Video]Kylie Jenner Wants To EXPERIENCE Other Men! Shawn Mendes Shoots His Shot At Selena Goemz! | MOTW

Kylie Jenenr has been spending a lot of time with her BFF’s and Stassi and it looks like this has taken a toll on her and Travis Scott's relationship as she is now interested in experiencing other..

Credit: Hollyscoop     Duration: 12:13Published

Getting On The Right Foot: Officers Help Teen Find Job, Shoes For Work [Video]Getting On The Right Foot: Officers Help Teen Find Job, Shoes For Work

Young people across Chicago are now on the hunt to find summer jobs. But Rydiun Walton had a special reason to find work and a new pair of shoes to wear to the job. 

Credit: CBS 2 Chicago     Duration: 01:40Published

Here’s Why People Are Divided Over Kylie Jenner’s Controversial “Handmaid’s Tale” Party [Video]Here’s Why People Are Divided Over Kylie Jenner’s Controversial “Handmaid’s Tale” Party

Kylie Jenner’s controversial “Handmaid’s Tale” party— Gwyneth Paltrow reveals she and her husband don’t live together full time— and is Reese Witherspoon’s daughter dating a Ryan..

Credit: ICYMI by HuffPost     Duration: 12:10Published

Sheryl Underwood on why Mark Wahlberg is her favorite guest on 'The Talk' [Video]Sheryl Underwood on why Mark Wahlberg is her favorite guest on 'The Talk'

'The Talk' co-host Sheryl Underwood reveals her favorite guest to come on the show. Plus, what types of interviews are most exciting for her.

Credit: Larry King Now     Duration: 01:11Published

'Avengers: Endgame' To Give 'Spider-Man: Far From Home' Box Office Boost [Video]'Avengers: Endgame' To Give 'Spider-Man: Far From Home' Box Office Boost

“Spider-Man: Far From Home” will likely get the top spot at the box office during its July release. According to Comicbook.com, “Avengers: Endgame” will help boost the attendance of the film...

Credit: Rumble     Duration: 00:32Published

'Avengers: Endgame' To Give 'Spider-Man: Far From Home' Box Office Boost [Video]'Avengers: Endgame' To Give 'Spider-Man: Far From Home' Box Office Boost

“Spider-Man: Far From Home” will likely get the top spot at the box office during its July release. According to Comicbook.com, “Avengers: Endgame” will help boost the attendance of the film...

Credit: Wochit     Duration: 00:32Published

Midmorning With Aundrea - June 14, 2019 [Video]Midmorning With Aundrea - June 14, 2019

Break away from your everyday with Aundrea Self! The best and brightest high school students on at ms this week. We'll tell you why just ahead. and, a local fraternity is helping boys become men. plus,..

Credit: WCBIPublished

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.