Jul 23, 2020
9 min read
Why the Day One IPO ‘Pop’ Is Overhyped
The current class of 2020 IPOs make a strong case for more direct listings
After a delayed start, the IPO market is heating up again as companies look to resume going public. This recent spate of IPOs — Agora, Vroom, ZoomInfo, and Lemonade — has resurfaced the familiar occurrence of the “IPO pop,” where companies’ initial share prices see large…
