By Matthew Makowski Against nearly all odds, IPOs had a stellar year in 2020. The average first-day return for IPOs was almost 42%. And the average annual gains of IPOs was 75%. That’s as good as the IPO market has performed in 20 years.
One of the biggest success stories to come out of 2020 was the Shift4 Payment stock. But it almost didn’t come to be.
The payments company filed with the SEC to go public in December 2019. It was supposed to go public a few months later in February. But the pandemic ground those plans to a halt. As the markets fell …read more
