2019 IPO Scorecard
After several years in which investors saw many up-and-coming firms avoid offering shares in public markets, 2019 is shaping up to be one of the biggest years ever for initial public offerings. With billions available in the private equity markets, many companies chose to avoid the regulatory burden and public scrutiny of listing on major exchanges and reman private until their public valuations exceeded $1B each. The results have been a mixed bag, with some new offerings soaring after the IPO and some languishing below the offering price. Let’s take a look at the biggest IPOs so far this year[…]
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