If Zoom were still private, it would be emblematic of the type of company that could go public immediately after the markets stabilize following the coronavirus crisis, said Rick Kline, who co-leads Goodwin's capital markets group.
Companies whose businesses have been hit directly by the crisis or that are starting to see negative effects from it likely won't be able to go public until the first or second quarter of next year at the earliest, Kline said.The initial public offering market, which is pretty much closed right now for technology companies thanks to the coronavirus crisis, could reopen for a brief period after Labor Day, but only for a select few firms.
"I don't think anybody has a crystal ball to know what's going to happen in September, but I think the view is there may be a window, the typical post-Labor Day window, September, maybe early October," Kline said. "Nobody likes to highlight tailwinds from a pandemic," Kline said. But those companies that are getting those tailwinds, he continued, "would most easily access the window in September."By contrast, there are lots of other companies that may have been expecting to go public this year that likely won't be able to go out until the first or second quarter of next year at the earliest, he said.
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:
Zoom is an American company, belonging to an American citizen. Just because he is a Chinese American, so Zoom has been banned in many places, what happened to the great America?
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYC's current housing market compared to its housing market in 2001 - Business InsiderHow New York City's housing market after the pandemic will compare to post 9/11 — industry leaders see many similarities, but a few crucial differences This is so sad time sqaure is a ghost town so is the rest of my City this is not my newyork
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus: Reopening states amid pandemic could come in phases - Business InsiderResearchers with the Johns Hopkins Center for Health Security laid out how governors might reopen states gradually amid the pandemic. Isn't this what Trump has laid out, proposed? America shouldn't re-open unless there is robust testing in place. I don't get why this issue is a problem for the President. He only needs to act the DPA and this is under control. I get it that money has to start coming in but seriously, the infection rate has increased and so has the death rate, this is probably over a month + away from being a possibility.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sweden says leaving businesses open might be working - Business InsiderSweden left schools, bars, restaurants, and gyms open during the coronavirus pandemic. Experts say the strategy might be working. Sweden has more deaths per capita than the next 5 countries - what are you smoking ? PM Modi SAID I respectfully bow to the people of India... COVIDー19 lockdown coronavirus PM Modi SAID I respectfully bow to the people of India... COVIDー19 lockdown coronavirus
Source: BusinessInsider - 🏆 729. / 51 Read more »
A timeline to normality, stock market exuberance, and a C-Suite reading list - Business InsiderHere are the business stories you need to read this week, including estimates on when life will return to normal, and a C-Suite reading list. They’re walking normally? That made know sense ! Florida
Source: BusinessInsider - 🏆 729. / 51 Read more »