Warby Parker Soared in Its Market Debut, Setting a High Bar for Other Online Retailers - NewsBreak

Experts are saying that Warby Parker's stock is overvalued, at a more than $6 billion market cap, and investors should proceed cautiously. A number of online-first retailers, including Allbirds, Fabletics and Rent the Runway, are preparing to go public. How shares trade in the coming weeks will likely be far...