1 Recent IPO Stock to Buy Right Now

The IPO market has been red hot in 2021. Through the first three quarters of the year, 1,635 companies went public, raising a total of $330.7 billion. In July, Riskified (NYSE: RSKD), a fintech powered by artificial intelligence (AI), made its public debut. And while the stock initially rocketed higher, the share price currently sits below the IPO price, trading at 46% below the all-time high.

However, that pullback creates an opportunity for long-term investors. In this Backstage Pass video, which aired Oct. 4, 2021, Motley Fool contributor Trevor Jennewine shares his thoughts on Riskified's business, highlighting the company's potential for growth.

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Source Fool.com