Affirm, Motorsport Games Show the Stock Market’s IPO Process Is Still Broken

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The stock market was on the rise Wednesday, bouncing back from early choppiness as investors started to look forward to what they hope will be a brighter 2021. There are still plenty of long-term concerns for market participants to deal with, but at least today, they largely chose to focus on the positives. By the close, the Dow Jones Industrial Average (DJINDICES: ^DJI) had sunk back into negative territory, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were higher.

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Percentage Change (Decline)

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