“Favourable liquidity conditions in the market – easy monetary policy and a strong fiscal backdrop – continue to favour a strong IPO market,” said Lesley Marks, chief investment officer at Mackenzie Investments.
benchmark indexes by missing out on high-flying but unprofitable names. Among those that went public over the past two years are Lightspeed POS Inc., Dye & Durham Corp. and Nuvei Corp.While investor demand has roared back, bankers stress that investors aren’t as quick to jump at just any IPO asHigher interest rates could also quickly hurt the IPO market.
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