let us bring in the ceo of traeger, jeremy andrus.jeremy, what's it like on this first day of trade? >> first of all, i don't know where you get great barbecue in the city, but today's been amazing. the energy that our team has felt has just been phenomenal. it's been wonderful. it is such a great celebration. and you love to take the time to high-five and sort of pick your head up and just validate there's something special. and then we to go back to building. tomorrow morning we show up in the office, and we just keep enknow sate ising -- innovating and disrupting. we're excited though. today was a special day, no question about it. liz: oh, i can imagine. listen, you've got dave's barbecue on 42nd street, virgil's, they're all over the place. great barbecue in new york city. let's get to the business here of as you go public, what's interesting to me is people who never grilled before totally got into it during the pandemic because everyone was pushed to, a, cook on their own but also take eating outdoors, especially last summer. h

my neighbor used to cook so great on the traeger i miss that.ob, come back and cook for us they opened at 22. the current valuation is at least -- that may have been at the open price of 22 a $3 billion market cap. still much smaller than robinhood. align technology is also doing well today new all-time high and on pace for the best day since february. this is the maker of invisilign. the shares are up 8% also shares of crocs in the green again. they are in their longest monthly winning streak on record 12 consecutive months of gains up 260% during this time $136 stock adding 4% today now to christina for our cnbc news update. >> here's what's happening the biden administration saying it will allow a nationwide ban on evictions to expire saturday. the white house says biden would like to extend the ban, but says his hands are tied by a supreme court ruling biden now calling on congress to take action to protect vulnerable renters >>> on the news, full coverage of president biden's expected vaccine requirements for federal workers tonight at 7:00

. >> you have qualified for the chris traeger management training seminar. >> can you get me out of itll do something if it helps someone else do nothing. >> when parks and rec ended, dan gore and i landed on a joint respect for "barney miller," and the reason was that most life as an officer is not chasing bad guys through the streets. it's sitting around in the precinct and killing time because it's an office. >> what the hell's going on around hire? >> fire extinguisher roller chair derby. >> okay. >> and go! >> the show started off as pretty silly. but one of the tricky things about a show lasting for a really long time is that attitudes change. and in this case, there was no version of telling a bunch of stories about a police precinct that could run from all of the issues about policing that the whole country is talking about. >> i got stopped by a cop last night. >> stopped for what? >> stopped for walking. >> that makes zero sense unless -- >> what are you doing? >> i live here. >> put your hands on your head. don't make any sudden moves. >> i didn't do anything. >> it is a rem

they are seeking valuation between 4 and $6 billion this is after traeger grills announced plans forbut. and raise about $100 million through the offering casey, i guess this is their moment they're all seizing it >> i mean, what better time to ipo than at the height of summer grilling season? you know, they may have even missed their window. how did they not get this thing out the door before the fourth of july. >> agreed, agreed. deirdre. >> i'm not much of a griller so i don't have a ton to add on this but i have been watching shares of yeti, this whole outdoor play that people are going to get out, grill more, go camping more so, i suppose that makes sense but $6 billion i don't know someone's got to tell me if that's an overprice or underprice for a grill maker >> michael, do they have a future in the chinese market >> i don't know how the chinese are going to really take to grilling i will tell you i know someone in private equity that pitched yeti as an investment. they basically said -- i don't know how many years ago this was. they said, are you kidding me, someone who makes

some ways, but, yeah, there has to be a point at which -- >> capital formation in progress as we get traeger opening up >> there you go. that's the back of our business in television, and that's what i think there will be a base, but we pivoted our assets so that we can get to a place that we truly are indifferent. we don't care if you're taking broadband only or if you take our full package or you frankly want to mix and match. if you're mobile, and that's the most important device you have, we want to have the best mobile offering, the highest customer satisfaction with our wireless, the same with our broadband, and we're doing all that with less cost so if you take just broadband, we're not paying for the video, you're paying for it directly. so the model is shifting, the key for our company that makes it somewhat unique is streaming is our friend, powered by broadband, we have our own streaming initiative with peacock, which had a great quarter, and at the same time we're trying to be the best consumer company you want to do business with our customer service and our customer satisfactio

. >> that's exactly where it's going with you we have traeger that just range.this morning. something like this total 18 more companies coming public this week alone. and i just wonder how closely a name like robinhood, which is being seen for a variety of different reasons we have been laying out on the air all morning, one of the most closely watched, hotly anticipated ipos of the year. how that sort of sets us up for some of these other big offings especially since as you mentaled big ipos we have had this year are underwater. >> this is happening in an up market we are in a historically high market if everybody wonders what matters, number one how is the stock market doing everything else is really secondary. we are in hot stock market and have been for quite a lomg time other than a couple of days of hiccups. the fact that you are trading underwater after the first couple of days, i think it's a warning sign it teals me they are getting good prices. i am sure the people who have gone public are happy with the prices i am concerned with the average cnbc user

single to make it a 3 to one ball game pittsburgh then chased gottesman in the 5th with 3 more runs traegerer to the deepest part of the ballpark over the 4, 1, 5, sign that made it 5 to one pirates and after gossman exited kevin newman made it 61 pittsburgh with the rbi single the pirates out hit the giants 16 to 5. one of the 5 though la monte wade junior with his 10th homer of the season and the 6 impressive shot there but not enough at all for san francisco it with 10 to 2. >> final score. no good news for the a's either. unfortunately oakland back at the ballpark in seattle against the mariners oakland with a. >> with 3 runs in that 3rd inning to grab the lead jed lowry with the 2 run single right there to cap and the a's have the lead from chris bassett bassett when the first 5 but he couldn't hold on to the lead. mitch haniger with 3 of the 5 hits off bassett including a pair of home runs. this one to deep center in the 5th vaulted the mariners into the lead. 43 in the talk about squeezing one just inside the foul pole. aramis garcia with a slicing drive down the line in right. that'