BrooklynBlue

They met analyst expectations at the high end, which looks good, except operating expenses were also up to the tune of 39% and management guidance was conservative. It looks like a lot of people baked in expectations for them to beat the street.

I'm sure it will be a good long-term hold barring any majorly negative litigation outcomes, but this looks like at least a mild case of investor euphoria. There haven't been many successful IPOs in the last year, especially from name brand companies so it seems like V drew a huge following out of the gate. Maybe rightfully so in the long run, but there is definitely a lot of speculative pressure on it right now.