The market for initial public offerings has rebounded over the last few weeks.
The election, a potential resurgence in the pandemic, or a violent turn to the ongoing protests could all potential derail the IPO market rebound, Kline said.Like much of the rest of the US economy, the initial public offering market has reopened for business in the wake of the coronavirus crisis.
But the market started bouncing back last month, when 18 companies went public. There have already been 10 IPOs this month.Few of the offerings during the rebound thus far have been from tech companies. Instead, many have been from pharmaceutical or life sciences companies or from so-called blank-check firms, which raise money with the express purpose of using the money to buy another company.
The initial signs that markets were unfreezing happened about two months ago when some of the companies hit hardest by the coronavirus, including Carnival and Southwest Airlines,. About the same time — in April and May — there was a wave of secondary offerings, where already public companies sell new tranches of shares to public investors.
The companies that are likely to go out in the next few months are those that have done well during the pandemic or even benefitted from it, he said. Companies that were hit hard by the crisis are likely going to have to wait, perhaps into next year.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Look inside a converted Rhode Island fire station for sale - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. When you feel like giving up, remember why you held on so long in the first place. Never give up on your dream! I mean, they can’t get credit for keeping the fire pole. No sane person would remove the fire pole PTeach111 Wow. That’s quite a place.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No junk food. They save lives.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla China sales triple in May as country's auto market rebounds - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No thanks for USG. Private enterprise will get it done regardless.
Source: BusinessInsider - 🏆 729. / 51 Read more »
What Trump insiders are saying, Silicon Valley's split, and how to invest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »