Why IPO Avalanche Has Jim Cramer Worried

Stocks were down in intraday trading on Wednesday, Dec. 9. 

DoorDash  (DASH) - Get Report priced at $102 a share, which is above an already raised range. 

It's now indicating, as of 11:43 a.m. ET, an opening of $170 a share. 

With Airbnb coming later this week, what's Jim Cramer watching in the markets?

WATCH: Everything Jim Cramer Is Watching in the Markets Wednesday

Latest Videos From TheStreet and Jim Cramer:

• Coronavirus: The Latest Numbers on the COVID-19 Pandemic
• Streaming Isn't Enough to Make Jim Cramer Buy AT&T Stock
• What Stimulus Checks Do and Don’t Mean For Your Taxes
• Time Is Right for Airbnb, DoorDash IPOs, Asset Manager Says
• Drivers of Disruption and Innovation in the PPE Space
• Why Jim Cramer Is Confident on a Vaccine Rollout
• Jim Cramer: How to Balance Stay-At-Home and Return to Normal Plays