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Newly Public Companies Show Some Life
Many recent IPOs have rebounded sharply from their lows but still remain well below the prices at which they went public.
Good news for the IPO market. Or is it?Shares of many high-profile companies that recently went public have rebounded much more sharply from their mid-March lows than the surging tech-heavy Nasdaq Composite.This includes companies that had heavy hedge fund ownership when they were private, including affordable eyeglass frame maker Warby
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