The IPO boom isn’t lifting all boats. Shares of mobile e-commerce firm Wish started trading on Wednesday, only to fall 13% from its IPO price of $24 early on. The dip shows that investors are picking and choosing, regardless of recent performance. Last week Airbnb and DoorDash, two of the best known tech names, went public amid intense investor demand. Shares of both soared from their IPO...
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The Push to Keep Digital Vaccine Passports From Becoming a Mess

For the past several weeks, New Yorkers have been able to download a QR code onto their phones—or print out an analog copy of it—that vouches for the fact that they’ve received the Covid-19 vaccine or a negative test result for the virus. Yankee Stadium, Madison Square Garden and other local venues are already testing the Excelsior Pass, as the code is known, to screen people...
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