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3 Broken IPOs That Should Bounce Back in 2019

3 Broken IPOs That Should Bounce Back in 2019

Posted On May 13, 2019 2:00 pm
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The major market exchanges have been buoyant through most of 2019, and that usually translates into success for Wall Street debutantes. Sure enough, most IPOs have gained ground this year — including a few that have more than doubled.

Winners outweigh the losers among the rookie class of 2019, but that still finds 31% of this year’s new offerings trading below their IPO prices. Lyft (NASDAQ:LYFT)SciPlay(NASDAQ:SGMS), and Uber Technologies (NYSE:UBER) are some of this year’s new stocks that are…

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