Winners and losers
These tech companies have increased their valuation in billions during the pandemic.
Palantir Technologies offers a suite of software applications for integrating, visualizing, fighting fraud, and analyzing information.
The company went public in September through a direct listing. It opened for trading at $10 a share (valuing the company at $22 Bn).
More recently, it has been trading above $18 a share (a market capitalization around $35 Bn).
Unity Technologies provides affordable multiplatform tools and services to developers of interactive content.
Its debut two months ago was a pretty big smash by most metrics. The video game software company hit the market at a valuation of nearly $14 Bn (shares +30% in first-day trading).
Today, the company is valued at over $31 billion (Shares have more than 2x).
Peloton is an interactive fitness platform reinventing fitness with live and on-demand boutique studio classes.
September 2019, its IPO didn’t go well. They opened with a public valuation of just over $8 billion. But shares went down.
Fast-forward a few quarters, at +$100 a share, it’s valued at just over $30 billion
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