January 27, 2020, 7:29AM EST
• 2 min read

IEOs are finally dead

Quick Take

  • Only 23% of IEOs have a positive return in terms of USD; down from 43% in Q4 and 64% in Q3
  • Nearly 95% have lost more than half of value since their all-time high
  • As the number of days since IEO increases, the average return of IEOs decreases

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