The "pop" share price has halved in U.S. IPOs
Investors no longer fall head over heels to put money into early U.S. public offerings, the company values its shares above expectations or reduces
Source: wiredprnews.com
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Deutsche Bank Rides SPAC Boom to Make Comeback
Deutsche Bank Rides SPAC Boom to Make Comeback Related Stories April 16, 2021 April 15, 2021 April 9, 2021 Deutsche Bank AG make a comeback in the IPO world. Deutsche Bank, which cut back its equities team in 2019, has risen in the league tables over the past few quarters and now ranks 10th globally among advisers on initial public offerings. Special purpose acquisition companies are a big part of that success: it’s grabbing more deals than Wall Street stalwarts like Bank of America Corp. and JPMorgan Chase & Co. The German bank was in prime position to capitalize on the frenzy, as it’s...
Source: themiddlemarket.com