Why today’s surging stock market is not like 1999, according to Steve Case

Chinese electric bicycle-maker EZGO Technologies (EZGO) leapt more than 250% in its first day of trading. TS Innovations Acquisitions Corp. (TSIA), a blank-check company, jumped 45% after announcing it was merging with Latch, a building tech firm. Another Chinese debut — this one a vaping platform called RLX Technology (RLX) — more than doubled in its first day of trading. And shares of another special purpose acquisition company (SPAC), FTAC Olympus Acquisition, surged 30% after a…


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