2 Recent Tech IPOs to Bet On for 2020
IPOs, or initial public offerings, provide an opportunity for investors to get in on the ground floor, and that's what makes them so popular. In most cases, companies go public to raise additional capital for growth and expansion.
This allows investors to ride the growth wave and generate market-beating returns if the company goes on to deploy capital efficiently and gains enough traction to sustain revenue growth over the long-term.
2019 has seen numerous high-profile tech companies go public, although many of those have delivered underwhelming performance thus far. Here are two promising tech companies that went public in 2019. Both have exciting prospects, making them enviable bets for the forthcoming year.
Source Fool.com
