80% of IPOs Since 2020 Are “Broken”
SaaStr
NOVEMBER 13, 2023
So the Wall Street Journal did a great job slicing and dicing IPO data recently. To me, the most jarring statistic was this one: 80% of IPOs since 2020 are trading below their IPO price, or “broken ”: So what, you might think? The best can always IPO, it’s just a question of price. Buyer beware? All A+ companies.
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