Is the market still too hot for IPOs and SPACs?
The Honest Co. went public on Wednesday, May 5.
The stock's first trade was $21.22 a share. The initial public offering was priced Tuesday at $16 a share.
"We were raising the bar for the entire marketplace and becoming a David to the many Goliaths out there along the way," said Jessica Alba, who co-founded the company in 2011, said in a letter included in a Securities and Exchange Commission filing.
And Krispy Kreme has filed to go public.
So, what are Jim Cramer's thoughts on these two companies?
Recap TheStreet Live: Everything Jim Cramer Is Watching Wednesday