Steve Eisman Says We're 'Not Yet' In A Bubble Amid A Hot IPO Market: 'People Can Get Carried Away, But Valuations Correct Quickly'

Investor Steve Eisman, best known for calling out the 2008 subprime debt crisis, weighed in on whether today's market resembles a bubble as IPOs surge and retail enthusiasm fuels big price swings.

‘Not Yet’ A Bubble

On Saturday, Eisman discussed the recent frenzy in new listings on his podcast, The Real Eisman Playbook, addressing the rally behind stocks such as Coreweave Inc. (NASDAQ:CRWV), Figma Inc. (NYSE:FIG) and Atco Ltd. (OTC:ACLLF). “Does this mean we are entering a bubble? I think not yet,” he says. “People can get carried away, but valuations correct quickly.”

Eisman highlighted the shift in investor perceptions over the past decade, saying, “Ten years ago, the attitude was, prove to me you're the next big thing. Now it's, you are the next big thing until ...