• Triton

IPO market suggests Uber was an anomaly

In an appearance alongside Dan Primack this morning on CNBC's Squawk Box, Triton's Rett Wallace examined how weak demand for Uber, along with the poor trading of Lyft, has not appeared to dampen investors' enthusiasm for technology IPOs. In doing so, he cites CrowdStrike, which opened at $63.50, well above its IPO price of $34.00. Link to excerpt on CNBC's Squawk Box - HERE