IPO Performance-Poor Stocks Further Up In The New Issuance Market

Recent public companies is one of the worst performers in this year’s stock market roadmap, contributing to deep freeze in the IPO market there is little sign of thawing.

According to Dealogic, about 87% of companies that listed shares in the US last year are trading below their asking price, down more than 49% on average through the end of Friday. Preliminary comparison, S&P 500 down 23% this year, while the tech-heavy Nasdaq Composite is down 31%.

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