The vacuum is over: companies are flocking to the doors of the Stock Exchange. In two weeks, twenty companies raised just over $ 5 billion on Wall Street. Tuesday, Vroom, an online business selling used cars made a splash. The action was proposed at 22 dollars, that is to say beyond the initially envisaged range of 18 to 20 dollars. The company thus managed to raise nearly $ 500 million, which valued it at around $ 2.5 billion.
The operation caused a real scramble among investors, and the title more than doubled on the first day of listing. A reassuring signal for candidates for an IPO, many of whom have put their plans on hold. Vroom is not an isolated case. Most IPOs have been successful in recent times.
Read also: Wall Street rebounds for the weekend
Also this week on Wall Street, in a completely different field, that of high-content construction products
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