A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) Investors have shown rabid enthusiasm for new stocks this September. "You've all kinds of signs we're [in] some speculative mania," Novogratz said on CNN Business' "Markets Now" live show . The Wall Street Journal reports that the company could be valued at nearly $22 billion in its trading debut. Now that service forms the backbone of Ant Group, a financial behemoth that could be worth more than $200 billion, my CNN Business colleague Sherisse Pham reports.

Source: CNN September 27, 2020 12:45 UTC