Tuesday, April 27, 2021

Nearly 50% of new listings fall below issue price; wait for earnings, say experts

Nearly 50% of new listings fall below issue price; wait for earnings, say experts The bull market helped many IPOs command high valuations but experts say that these companies would need to post strong earnings to meet investor expectations.

from Moneycontrol Market Outlook https://ift.tt/3gHyuGs

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...