There have been 404 Initial Public Offerings (IPOs) on the US stock market this year, as of November 27, 2020. That is +82.0% more than the same time in 2019, which had 222 IPOs by this date. Are “they” (venture capitalists and hedge funds) getting out while the getting is good, leaving the little investor to hold the bag of companies with high price to earning evaluations and exceptional debt loads? We saw this in 1999 and 2007.
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