Half of this year’s big IPOs are under water. High-profile listings from Deliveroo, Oatly to Paytm have flopped despite robust stock markets. Goldman has led on 13 deals that raised >$1bn this year but 9 of those now in the red, incl Didi and Robinhood.
h/t Holger Zschaepitz
Our Twitter for Quick Updates: Twitter Follow Us