Delivery Hero cap raise shows tech stocks still in vogue

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Delivery Hero cap raise shows tech stocks still in vogue

Sam Kerr
January 07, 2021 10:45 AM
Delivery_Hero_Adobe_575x375_Jan7_2021
Viersen, Germany - May 9. 2020: Close up of mobile phone screen with logo lettering of food delivery service hero on wood table with dish and cutlery (focus on center) | Ralf - stock.adobe.com

A €1.2bn sale of new Delivery Hero shares showed that investors are ready and waiting to commit capital to new equity capital markets deals in 2021. The transaction showed that demand for high growth tech names remains strong, despite a recent trend of investors buying into more cyclical companies.

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Sam Kerr
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