Finance NewsInvestment StrategyStock Market

Enterprising Investors Should Avoid 2019 Unicorn IPOs

Investors should disabuse themselves of the notion the secondary market will price the new shares at pre-offering valuation levels

There are a number of companies with pre-initial public offering valuations of at least $10 billion, which are commonly referred to as “unicorns,” slated to issue shares to the public this year. Both of the competing ride-sharing services, Uber and Lyft, are planning to tap the public markets with a combined valuation, assigned by underwriters’ corporate finance

Show More
Back to top button