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RSS FeedsThis week is a big test for the IPO market
(WorldNews China)

 
 

28 september 2020 08:56:09

 
This week is a big test for the IPO market
(WorldNews China)
 


London (CNN Business)Investors have shown rabid enthusiasm for new stocks this September. That`s forced some strategists to wonder: Is this a repeat of the frenzy that led up to the dot-com crash at the turn of the millennium? What`s happening: Globally, it`s been a blockbuster month for initial public offerings, with deals worth $38.2 billion listing on exchanges, according to Dealogic. That`s the biggest September by value on record. Mike Novogratz, founder and CEO of Galaxy Digital Holdings, said there`s a big imbalance right now in supply and demand, given how many new offerings are coming to market during a period of high insider selling. `You`ve all kinds of signs we`re [in] some...


 
35 viewsCategory: General > Asia > China
 
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