More Than 1,000 Companies Went Public in 2021, But Returns Are Worst in a Decade

Barrons2021-12-24

This year’s new issues market will go down in the record books as the busiest ever, outpacing even the go-go days of the 1990s dot.com boom. As of Dec. 23, 1,006 initial public offerings have raised ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

CDquek
2021-12-25
CDquek
Irrational market. What can we say?
Hkh
2021-12-25
Hkh
Gosh
PearlynCSY
2021-12-25
PearlynCSY
More companies are going public in 2021 than ever before mainly due to extremely loose monetary policy and governmental support. US has printed trillion and trillion of dollars in trying to fire up the economy which is badly hammered by the covid pandemic
- PearlynCSY:
  Tks for sharing
- PearlynCSY:
  Tks for sharing
- snixee:
  America's influence on the global economy is too great.
- zoomzi:
  In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.
- fuzzyx:
  American stock market is the best stock market in the world, with the best companies in the world.
KH321
2021-12-25
KH321
OK
- Gabriel林倡銘:
  Okay ed
HelloKitty55
2021-12-25
HelloKitty55
Ok
BKT
2021-12-25
BKT
Good. Pls like thanks.

Leave a comment

173

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1194211953?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-12-24 15:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1194211953","market":"us","top_or_hot":-1,"title":"More Than 1,000 Companies Went Public in 2021, But Returns Are Worst in a Decade","media":"Barrons","content":"<div>\n<p>This year’s new issues market will go down in the record books as the busiest ever, outpacing even the go-go days of the 1990s dot.com boom.\nAs of Dec. 23, 1,006 initial public offerings have raised ...</p>\n\n<a href=\"https://www.barrons.com/articles/companies-ipos-2021-returns-worst-decade-51640294878?siteid=yhoof2\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>More Than 1,000 Companies Went Public in 2021, But Returns Are Worst in a Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMore Than 1,000 Companies Went Public in 2021, But Returns Are Worst in a Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-24 15:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/companies-ipos-2021-returns-worst-decade-51640294878?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year’s new issues market will go down in the record books as the busiest ever, outpacing even the go-go days of the 1990s dot.com boom.\nAs of Dec. 23, 1,006 initial public offerings have raised ...</p>\n\n<a href=\"https://www.barrons.com/articles/companies-ipos-2021-returns-worst-decade-51640294878?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WRBY","symbol_name":"Warby Parker Inc.","start_time":0,"source_url":"https://www.barrons.com/articles/companies-ipos-2021-returns-worst-decade-51640294878?siteid=yhoof2","article_id":"1194211953","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1194211953","pubTimestamp":1640331164,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"This year’s new issues market will go down in the record books as the busiest ever, outpacing even t","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WRBY":"Warby Parker Inc.","DNUT":"Krispy Kreme, Inc.","OSCR":"Oscar Health, Inc.","HCSG":"医疗保健服务","NGD":"New Gold","AFRM":"Affirm Holdings, Inc.","BROS":"Dutch Bros Inc."},"translate_title":"2021年有1000多家公司上市，但回报是十年来最差的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFRM":0.9,"BROS":0.9,"DNUT":0.9,"HCSG":0.9,"NGD":0.9,"OSCR":0.9,"WRBY":0.9},"content_text":"This year’s new issues market will go down in the record books as the busiest ever, outpacing even the go-go days of the 1990s dot.com boom.\nAs of Dec. 23, 1,006 initial public offerings have raised about $315.6 billion, the most since Dealogic began tracking the sector in 1995. The 1,006 IPOs surpassed the record set in 1996 when 848 companies went public during the beginning of the dot.com boom, collecting $78.6 billion.\nThis year’s IPOs are also more than double the number of companies that went public in 2020. Last year, 457 firms listed their shares, collecting $168.7 billion.\nMost, or 60%, of this year’s offerings were special purpose acquisition companies, or SPACs. This means that roughly 396 traditional IPOs raised $153.5 billion, making 2021 the most active year for new issues since 2000.\n“This is the busiest year this century for the U.S. IPO market,” said Jeff Thomas, a Nasdaq senior vice president and head of western U.S. listings & capital markets.\nMore companies are going public today than ever before, Thomas said. Low interest rates and government stimulus have helped valuations soar in the IPO market in 2021. Companies also have more options when they’re thinking about going public, Thomas said.\nCompanies don’t have to stick with just a traditional IPO but can also consider a direct listing or merging with a SPAC. “When companies have more choices, they’re more likely to pursue a public offering,” Thomas said.\nHealthcare and technology were the busiest sectors this year. Healthcare, which includes biotech, delivered the most deals: 155 traditional IPOs that were valued at nearly $29 billion. Technology produced 128 traditional offerings, valued at nearly $74 billion. Both sectors are expected to remain leaders in 2022.\nBigger doesn’t mean better. Twenty-eight companies in 2021 raised at least $1 billion in this year’s IPO market. Half, or 14 of them, are trading below their offer price.\nAffirm Holdings (ticker: AFRM), the payments company that raised $1.2 billion in January, has delivered the best aftermarket performance of this year’s large offerings. Affirm shares are up more than 100% from its $49 IPO price.\nThe worst performance comes from Oscar Health (OSCR), the insurtech that collected $1.4 billion in March. Oscar’s stock is down 79% from its $39 offer price.\nThis year’s IPO market will go down as one of the busiest and one of the worst performing. New issues, on average, rose by 31% this year during their first day of trading, Renaissance Capital said. But inflation fears and Omicron jitters caused most of that pop to fizzle in the fourth quarter, said Matt Kennedy, senior IPO strategist at Renaissance Capital.\nIPOs averaged a 10% decline in the aftermarket, the worst year in over a decade. (IPOs in 2020 produced an average aftermarket return of 76.3%, Kennedy said.) A little more than one-third, or 36%, of this year’s new listings are trading above their offer price as of Dec. 23, he said. This means 64% are off their IPO price.\n“Being a part of history is little consolation when returns are poor…Investors this year were buying everything and now they’re paying the price for it,” Kennedy said.\nThe Renaissance IPO exchange-traded fund (IPO), which tracks companies for three years after going public, is down about 8.5% for the year, he said. That compares with the S&P 500, which is up 28% year to date. In 2020, the Renaissance IPO ETF outperformed the S&P 500, Kennedy said.\nThe IPO market typically shuts down in late December because of the holidays and reopens in mid-January. Kennedy expects a slow start to new issues next year as investors have turned more cautious.\nRoughly 400 companies have filed paperwork to go public, representing $72.3 billion in proceeds, Dealogic said. Several big names are part of this group and could list in 2022. This includes yogurt maker Chobani,, social media platform Reddit, Brazilian steakhouse Fogo de Chão, and private equity firm TPG.\nCompanies that are expected to seek an IPO, but have yet to file for an offering, include Chime, a digital bank; Instacart, the grocery-delivery upstart; Houzz, a home-remodeling platform; Databricks, an AI software start-up; Discord; a chat service, and Panera Brands, the restaurant group backed by European investment firm JAB Holding.\nStripe, the payments processor, is a perennial favorite to go public. Valued at $95 billion in its last fund-raising round, Stripe would be the biggest U.S. company to list since Facebook in 2012\nOne of the biggest trends of 2021 was the strength of consumer IPOs. Several deals posted strong debuts including donut maker Krispy Kreme (DNUT); Roger Federer’s sneaker company On Holding (ONON); and coffee chain Dutch Bros Inc. (BROS).\nGreg Martin, a managing director at Rainmaker Securities, which represents buyers and sellers of stocks of soon-to-be public companies, said some consumer companies that went public emphasized their use of technology and littered their regulatory filings with buzzy phrases such as “technology-enabled,” “digitally native” or “direct-to-consumer.”\nEyeglass-seller Warby Parker (WRBY) used the strategy, as did salad chain Sweetgreen (SG) and sustainable shoe maker Allbirds (BIRD). Sweetgreen is “a purveyor of salads. They’re not selling software. But if you read the S-1, you would think they were a tech company,” Martin said.\nThe strategy seems to have worked. Allbirds soared nearly 93% in its first day of trading in November, while Sweetgreen rose 76% during its debut last month. Warby Parker, which used a direct listing to go public, gained nearly 10% from its opening price in September. (DLs typically don’t see big pops during their debuts.) Such successes means consumer IPOs are expected to return next year.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9009040174,"gmtCreate":1640395556726,"gmtModify":1676533519204,"author":{"id":"3572491797552935","authorId":"3572491797552935","name":"CDquek","avatar":"https://static.tigerbbs.com/d082798c72d9057b7d14d9db915c7b71","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3572491797552935","idStr":"3572491797552935"},"htmlText":"Irrational market. What can we say?","listText":"Irrational market. What can we say?","text":"Irrational market. What can we say?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009040174","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":698625619,"gmtCreate":1640390313256,"gmtModify":1676532449917,"author":{"id":"3581394154076658","authorId":"3581394154076658","name":"Hkh","avatar":"https://static.tigerbbs.com/43be312bb9a7937890db2b30b590158c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581394154076658","idStr":"3581394154076658"},"htmlText":"Gosh","listText":"Gosh","text":"Gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698625619","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698667420,"gmtCreate":1640387806452,"gmtModify":1676532449674,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"4092458811577680","idStr":"4092458811577680"},"htmlText":"More companies are going public in 2021&nbsp;than ever before mainly&nbsp;due to extremely loose monetary policy&nbsp;and governmental support. US has printed trillion and trillion of dollars&nbsp;in trying to fire up the economy which is badly hammered by the covid pandemic","listText":"More companies are going public in 2021&nbsp;than ever before mainly&nbsp;due to extremely loose monetary policy&nbsp;and governmental support. US has printed trillion and trillion of dollars&nbsp;in trying to fire up the economy which is badly hammered by the covid pandemic","text":"More companies are going public in 2021 than ever before mainly due to extremely loose monetary policy and governmental support. US has printed trillion and trillion of dollars in trying to fire up the economy which is badly hammered by the covid pandemic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/698667420","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7125384,"gmtCreate":1640663701727,"gmtModify":1663239254342,"authorId":4092458811577680,"author":{"id":4092458811577680,"idStr":"4092458811577680","authorId":4092458811577680,"name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698667420,"type":1,"supId":7117959,"prevId":0,"content":"Tks for <u>sharing</u>","text":"Tks for <u>sharing</u>","html":"Tks for <u>sharing</u>"},{"id":7125375,"gmtCreate":1640663660871,"gmtModify":1663239254026,"authorId":4092458811577680,"author":{"id":4092458811577680,"idStr":"4092458811577680","authorId":4092458811577680,"name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698667420,"type":1,"supId":7117967,"prevId":0,"content":"Tks for <u>sharing</u>","text":"Tks for <u>sharing</u>","html":"Tks for <u>sharing</u>"},{"id":7117967,"gmtCreate":1640590435022,"gmtModify":1663239222648,"authorId":3479274781436276,"author":{"id":3479274781436276,"idStr":"3479274781436276","authorId":3479274781436276,"name":"snixee","avatar":"https://static.tigerbbs.com/ab7a887f7d1ab09c9b3f648ad7c56ad4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698667420,"type":1,"supId":0,"prevId":0,"content":"America's influence on the global economy is too great.","text":"America's influence on the global economy is too great.","html":"America's influence on the global economy is too great."},{"id":7117959,"gmtCreate":1640590359162,"gmtModify":1663239222645,"authorId":3479274777284002,"author":{"id":3479274777284002,"idStr":"3479274777284002","authorId":3479274777284002,"name":"zoomzi","avatar":"https://static.tigerbbs.com/79994bc77de771ec5e7fabc95b9d921d","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698667420,"type":1,"supId":0,"prevId":0,"content":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.","text":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time.","html":"In my opinion, the rise of U.S. stocks for many years in a row means that a deep adjustment may occur at any time."},{"id":7117965,"gmtCreate":1640590403109,"gmtModify":1663239221052,"authorId":9000000000000407,"author":{"id":9000000000000407,"idStr":"9000000000000407","authorId":9000000000000407,"name":"fuzzyx","avatar":"https://static.tigerbbs.com/df6a0fed4b2624034014be633476534a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698667420,"type":1,"supId":0,"prevId":0,"content":"American stock market is the best stock market in the world, with the best companies in the world.","text":"American stock market is the best stock market in the world, with the best companies in the world.","html":"American stock market is the best stock market in the world, with the best companies in the world."}],"langContent":"CN"},{"id":698660952,"gmtCreate":1640383811766,"gmtModify":1676532449455,"author":{"id":"3586451610703869","authorId":"3586451610703869","name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586451610703869","idStr":"3586451610703869"},"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/698660952","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":100039279,"gmtCreate":1640578793927,"gmtModify":1663241592232,"authorId":3575234021908444,"author":{"id":3575234021908444,"idStr":"3575234021908444","authorId":3575234021908444,"name":"Gabriel林倡銘","avatar":"https://community-static.tradeup.com/news/5f79fe34fb45208de204a36457e2a3d7","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698660952,"type":1,"supId":0,"prevId":0,"content":"Okay ed","text":"Okay ed","html":"Okay ed"}],"langContent":"CN"},{"id":698684662,"gmtCreate":1640382969857,"gmtModify":1676532449424,"author":{"id":"3587095479419511","authorId":"3587095479419511","name":"HelloKitty55","avatar":"https://static.tigerbbs.com/d60ee63e7e29d36d5bc7561ef9bc3ed6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3587095479419511","idStr":"3587095479419511"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698684662","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698637344,"gmtCreate":1640363799772,"gmtModify":1676532448878,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570853427202414","idStr":"3570853427202414"},"htmlText":"Good. Pls like thanks.","listText":"Good. Pls like thanks.","text":"Good. Pls like thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/698637344","repostId":1194211953,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":173,"commentSize":15,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1194211953"}