IPO investors demand quality in 'difficult market'

By Sam Kerr
10 Jun 2019

IPO investors appear to be putting a high premium on company fundamentals when looking at new listings, focusing less on thematic trends and more on underlying numbers, as shown by the listings of Watches of Switzerland and Marel.

Both traded up since listing, netting IPO investors solid gains, and raising hopes that other new listings will perform in a similar manner.

Marel is trading 4.9% above its €3.70 offer price on its second day of trading in Amsterdam and Watches of Switzerland has risen by over ...

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