https://techcrunch.com/2020/12/09/how-doordash-and-c3-ai-can-defend-their-red-hot-ipo-valuatons/

Last night both DoorDash and C3.ai priced their IPOs above their raised ranges. In simpler terms, both companies provided the market with a target price interval. Then they both raised it and each priced higher than that raised target.

The IPO market, even as December races along and winter begins to bite, is red-hot.