Josh Brown on Uber: Why I'm not usually a fan of buying into IPOs on day 1

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Josh Brown on Uber: Why I'm not usually a fan of buying into IPOs on day 1

In this clip from Josh Brown's latest Twitter live show, Josh talks about why he's not always a fan of buying into big name IPOs on day 1. While LinkedIn, Facebook, Lyft and Uber's IPO's have all fared differently, he says one consistent trend is that IPO stocks often underperform the S&P 500 in their first year. He also talks about CEO Dara Khosrowshahi and the chances of founder Travis Kalanick being brought back in to run the company.
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Fri, May 10 20196:03 PM EDT