It's been a tough landscape lately. The Renaissance Capital IPO ETF, which tracks the broader IPO market, has fallen almost 8% over the last month.
Several of 2019's largest initial public offerings are badly trailing the broader stock market as investors start to shy away from high-risk companies. Eight IPOs have raised more than $1 billion this year, but it looks like the parade into markets could be slowing down as some newly public companies struggle to stay above their offer prices. Here's how every IPO larger than $1 billion has performed so far in 2019. The IPO market has had a bumpy few weeks.
Several of 2019's largest initial public offerings are badly trailing the broader stock market as investors start to shy away from high-risk companies. Eight IPOs have raised more than $1 billion this year, but it looks like the parade into markets could be slowing down as some newly public companies struggle to stay above their offer prices. Here's how every IPO larger than $1 billion has performed so far in 2019. The IPO market has had a bumpy few weeks.
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