Connect with us


IPO Market is shaky

At the surface: The 80 US-listed IPOs so far this year represent the heaviest volume since 2014, BusinessInsider noted. The IPO volume in the first five months of the year represents 15 percent of the last decade’s total! However, there is major concern for IPOs like WeWork that are coming down the pipeline…

Be Smart: Many high profile IPO’s have flopped, including Lyft and Uber – both companies are trading well below their debut price. Analysts attribute the weak performances to the tech unicorns uncertain paths to profitability.

Reality check on IPO market: After soaring 30% in its first few weeks of trading, Pinterest’s share price plummeted after reporting weak earnings in its first quarterly report.

Worth Noting: A select few IPO’s such as video conferencing startup Zoom have been received well by the markets due to the company’s profitability. Shares have jumped 38% since its market debut in April. [Insider]

Continue Reading
To Top