The initial public offering (IPO) market has largely been quiet during the coronavirus pandemic. The first week of June represents a turning point—it’s the busiest week of the year for IPOs so far, including ZoomInfo Technologies, a subscription software that provides business leads to marketing and sales professionals.
In The Boston Globe, capital markets partner and co-chair Craig Marcus (Boston) discussed how COVID-19 has affected IPOs. He explains that some firms considering IPOs were discouraged by large stock market gyrations in March and April but stock prices have stabilized in recent weeks. “I think we’re starting to see the ice break a bit. There’s a big IPO pipeline of deals waiting in line for the opportunity,” said Craig.
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