Quote:
Originally Posted by ChiliConCarnage
new chinese meme stock is possibly $new Puxin. Tons of chatter the last couple of days.
Up 37% today and 5% after hours. It's not exactly Huya, IQ, Sogou in that they were spun off subsidiaries that weren't China Hustle level bullshit but eh.
IPOs in general seem to be doing crazy. Whatever the **** avalara or something is.. it IPO'd in the US friday and went up 80+% and Adyen had an insane debut on the dutch market. I wish I could add Adyen to my payments portfolio :\ They're the company replacing pypl on ebay. Also, in use by spotify, etsy, it seems online merchants really like them. Growing at more than 50% rev and also profitable.
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I'll watch NEW but its too early for me on that one.