It is typical for companies to delay their initial public offerings when the market for them is weak, but the unprecedented year that is 2020 is ending with companies delaying IPOs because the market is too strong. Gaming company Roblox Inc.
RBLX,
and lending company Affirm Holdings Inc.
AFRM,
both opted to delay their IPOs that were planned for this December, following big first-day surges for Airbnb Inc.
ABNB,
-2.01%
and DoorDash Inc.
DASH,
+0.15%
shares. The huge initial pops for Airbnb and DoorDash suggest those companies left a lot of money on the table, and Roblox and Affirm are reportedly seeing …
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