The disappointing performances in some cases can be attributed to the very quality of companies hitting the market, due to their unclear paths toand an uncertain macroeconomic backdrop, analysts and investment advisors told Markets Insider.
"We are seeing the end of a cycle," Tom Forte, a senior research analyst at D.A. Davidson, told Markets Insider on Friday."At the end of a cycle, companies that want to go public during the cycle rush to go public. And, selectively, we are seeing that there are some investors out there who are willing to stomach today's losses for tomorrow's gains."of trading reflected the second-worst for a large US-listed IPO on record with a 20.5% decline, per Dealogic.
Any room on Twitter for business news and financial markets discussion?
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »