Here's what could bring an end to the market's IPO high, according to one expert

div > div.group > p:first-child"> The tidal wave of highly anticipated initial public offerings has already begun, with Levi Strauss re-entering the public sphere last week. Still on the horizon are the IPOs of popular ride-hailing services Lyft and Uber, along with Pinterest, Airbnb and others.

"A very important test is going to be how the market reacts to these money-losing ones: Lyft, Uber, Pinterest," Smith said Monday on CNBC's "ETF Edge.""How are they going to be priced and traded?" "We knew that our ETF, as it performed so well this year, meant [that] the window's opening for IPOs. We know from our studies [that] the early ones out are always the better performers for investors," she added.

"The IPO market now, as opposed to the internet bubble, is much more institutional, so we're expecting the price discovery to be pretty good compared to what it was in the bubble period," Smith said."It means that big institutions are going to control the ownership, early on, of these companies."

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lyft Leading Wave of Startups Debuting With Giant LossesWith its IPO expected this week, Lyft will stand as the biggest test of the public market’s appetite for money-losing companies since the dot-com era.
Source: WSJ - 🏆 98. / 63 Read more »

Here's what you should know about the IPO processUber, Lyft, Pinterest and Airbnb plan to break into the public market. Here's how the process unfolds.
Source: CNBC - 🏆 12. / 72 Read more »

Pinterest’s IPO filing: 5 things investors should knowPinterest’s 184-plus page S-1 had a surprise or two about the online image discovery company.
Source: MarketWatch - 🏆 3. / 97 Read more »