The recent ride-hailing IPOs have not caused the delaying of other IPOs in the row, writes the Wall Street Journal today. Although the Uber (Uber)  and Lyft (Lyft) share prices are down 7 % and 25 % respectively from their IPO prices, the IPO window is still open.

The newspaper reminds that for example Zoom Video Communications (ZM) and the plant based protein food producer Beyond Meet (BYND) were up 150 % and 257 % from their offerings. Pinterest (PINS) fell on Friday after the quarterly report, but it is up 41 from its IPO level.

Other listings on Friday, the content delivery company Fastly (FSLY) ended nearly up 50 % to 23,99 dollars and the Chinese “Starbucks coffee” Luckin Coffee (LK) also had a strong market debut.

According to WSJ and Dealogic, the IPO May listings totalled so far 15,22 billion dollars, while the sum was 6,23 billion dollars in April and 4,79 billion dollars in March.

Companies, that are still on the pipeline, are for example cybersecurity Crowd Stick and messaging company Slack Technologies, hotel reservations Airbnb and office space rental company WeWork.

On Friday the SP& 500 index ended down 0,58 % to 2859 points, the Dow Jones ended down 0,38 % to 25 764 points and Nasdaq down 1,04 %  to 7816 points.

In Asia the Nikkei rose 0,89 % to 21 250 points in Tokyo, while in Hong Kong the Hang Seng index went down 1,16 % to 27 946 points.

In Europe, the German Dax-index ended down 0,58 % to 12 238 points and in London the FTSE 100 index also down 0,07 % to 7348 points.

The sterling traded at 1,27 dollars and at 1,139 euros. The US dollar was trading at 109,98 yens.

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