We joined CNBC’s Power Lunch on Tuesday, June 29 to discuss:

  • DiDi Global’s (DIDI) IPO and broken business model
  • Krispy Kreme’s (DNUT) uphill battle to gain market share
  • the extraordinary expectations for future profits implied by DiDi’s and Krispy Kreme’s IPO valuations
Watch the interview here

This article originally published on July 1, 2021.

Disclosure: David Trainer, Kyle Guske II, Alex Sword, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.

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