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IPOs Are Soaring. What That Means for the Broader Market.
On Tuesday, (VRM) (ticker: VRM), the online car-buying platform, went public for $22 a share. It was a triumphant end to a six-month streak without a single IPO from a venture-backed tech company. The Vroom IPO followed successful offerings from private-equity backed companies, including (SLQT) (SLQT); (WMG)(WMG), (ZI) (ZI), a cloud database provider; and (FOUR)(FOUR).
https://finance.yahoo.com/m/0f71fc9...df/ipos-are-soaring.-what-that.html?.tsrc=rss
On Tuesday, (VRM) (ticker: VRM), the online car-buying platform, went public for $22 a share. It was a triumphant end to a six-month streak without a single IPO from a venture-backed tech company. The Vroom IPO followed successful offerings from private-equity backed companies, including (SLQT) (SLQT); (WMG)(WMG), (ZI) (ZI), a cloud database provider; and (FOUR)(FOUR).
https://finance.yahoo.com/m/0f71fc9...df/ipos-are-soaring.-what-that.html?.tsrc=rss