April IPOs season marked by low prices
The April IPOs season is being marked by low prices. So far this month, no company has managed to sell shares in the desired price range. Hospital network Mater Dei, for instance, had to accept a 20% discount on Wednesday to move forward with its IPO. In addition, a study by consulting firm Álvarez & Marsal (A&M) with 33 IPOs held in the second half of 2020 until March shows that 20 offerings (60% of the total) have come out at the floor or below the price...
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