Powered by

Not every tech IPO has been a disaster

May 19, 2019 - The San Francisco Chronicle

The Bay Area is home to four of the nation's top-performing initial public offerings this year. They're just not the companies everyone expected to see up there as investors flipped the script.

Uber and Lyft, two of the biggest and most anticipated IPOs in years, have failed to live up to the hype, skidding 7% and 25%, respectively, from the price at which they first sold shares.

Instead of piling into the San Francisco ride-hailing companies, investors are gobbling up shares of comp...