By now we all know that the two most popular ride share companies, Uber and Lyft have gone public. Whether you invested in these companies or not isn’t the focus of this article. The focus is to discuss some other IPOs that launched in 2019 that are doing pretty well.
First things first, what is an IPO? According to Investopedia, an IPO is the process of offering shares in a private corporation to the public for the first time.
Here are three other companies that launched their IPO in 2019 that are doing pretty well. Please note that this article is not intended to be investment advice of any kind.
Beyond Meat (BYND)
This is a food company that manufacturers, markets and sells plant-based meat products based in El Segundo, California. The IPO hit the market on May 2, 2019 and started at $46.00 per share. At the time of this article, the share price is $89.35.
Zoom Video Communications (ZM)
Zoom provides a video-first communications platform that connects people through the cloud via video. The company is based in San Jose, California. This IPO began on April 18, 2019 at $65.00 per share and is now priced at $89.98 per share.
PagerDuty Inc (PD)
This San Francisco, California-based company operates an On-Call Management platform. The IPO’s launch price was $36.75 per share and it currently sits at $54.69 per share.
Do your research and see what you like and what you don’t, but most importantly, if you have not started investing, this is a good time to do so!