3 Broken IPOs That Can Still Bounce Back in 2021
It isn't easy to go public these days. More than half of the companies that hit the market with IPOs in 2021 -- 168 out of 318 -- are trading for less than their IPO prices. Some of those popped sharply higher on their first day of trading, only to give it all back and then some.
It might not end badly for all of these companies, though. I feel that Vizio (NYSE: VZIO), Coupang (NYSE: CPNG), and Krispy Kreme (NASDAQ: DNUT) have the ingredients they'll require to bounce back before the end of the year.
Image source: Getty Images.
Source Fool.com
