The market for initial public offerings started the year red-hot, with unicorns like Uber and Pinterest raising billions in their public debuts. But after a series of IPO flops and a pulled listing from co-working giant WeWork, newly public firms have started lagging behind the broader market — and the pain could get even worse. When companies go public, insiders such as employees are subject to a lockup period, or a specific set of time after the IPO when they can't sell their shares.
The market for initial public offerings started the year red-hot, with unicorns like Uber and Pinterest raising billions in their public debuts. But after a series of IPO flops and a pulled listing from co-working giant WeWork, newly public firms have started lagging behind the broader market — and the pain could get even worse. When companies go public, insiders such as employees are subject to a lockup period, or a specific set of time after the IPO when they can't sell their shares.
redhot 🤔🤔🤔🙄🙄🙄
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »