For battered Europe IPOs, two years in the stock market is a lifetime
The macroeconomic environment may be exacerbating poor performance of IPOs — higher interest rates tend to hurt risk appetite — but so are structural issues like skimpy analyst coverage of small companies and weak retail participation in Europe’s stock markets. Many companies are likely to leave the stock market, and their new owners may simply wait a few years before taking them public again — in the US
Source: moneycontrol.com
