3 Broken IPOs That Should Bounce Back in 2021

3 Broken IPOs That Should Bounce Back in 2021

Casper Sleep (NYSE: CSPR), Root (NASDAQ: ROOT), and BlueCity Holdings (NASDAQ: BLCT) are all trading lower than their IPO price tags, but they may not stay broken for long if positive catalysts play out in the year ahead. Let's see why Casper Sleep, Root, and BlueCity can get it right the second time around. Casper Sleep was initially hoping to price its IPO between $17 and $19, but underwriters were only able to take it public at $12.