Roger Jones, head of equities at London and Capital, told CNBC there are two main reasons why this is the case.
"Sellers or listers can get better prices in the U.S. which still trades on significantly higher valuations than Europe. Secondly, a lot of the favoured sectors, and also industries which have been more immature companies that are looking to come to market, are big U.S. sectors e.g. Technology, Bio/Med Tech and Communication companies," he said.a battery maker company out of Sweden, is still in the start-up phase but it has plans to list in the future.
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Does not seem like a good feat.
USA 🇺🇸 USA 🇺🇸