Fear Overtakes Greed in IPO Market After WeWork Debacle

📆 6/10/2019 10:30 PM
📰 WSJ

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

This was supposed to be a banner year for IPOs. Then WeWork’s parent company tried to go public.

Shares of newly public companies, earlier this year one of the hottest investments on Wall Street, are now in a slump after investors soured on money-losing startups from Uber Technologies Inc. to WeWork.

Shares of technology startups and other companies that went public in the U.S. this year are trading...

Write Comment

savelraqipeople

No, it seems sanity may have returned to the market. Every business dreamed up by millennials should not automatically IPO. Remember these things called fundamentals?

Fear over Greed? Yeah ... um ... no. Common sense prevailed over a shell game of a corporate structure at WeWork.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next stock market crash: Harris Kupperman unloads on bubble, WeWork, Tesla'All the makings of a crash are there': A hedge fund manager sees a giant bubble in the 'Ponzi economy' — and he’s sounding the alarm on WeWork and Tesla
Source: BusinessInsider - 🏆 729. / 51 Read more »