Companies Shelve IPOs Rather Than Face Volatile Wall Street
PYMNTS
MARCH 11, 2020
After all, the very metrics of gauging company potential, in terms of revenues and earnings, which in turn drive valuation, are suddenly hazy. Biggs said the company’s losses will “be pretty similar” to losses seen last year. In this market environment, fear of missing out (FOMO) may quickly translate to heavy losses.
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