3 Broken IPOs That Should Bounce Back in 2020
This year has been a rude awakening for IPO investors, and on Monday, I went over a couple of the recent broken debutantes that won't be bouncing back anytime soon. Now it's time to take a look at some of the nearly 50 IPOs trading below their initial prices that have a better shot at clawing their way higher in the year ahead.
Lyft (NASDAQ: LYFT), Fiverr (NYSE: FVRR), and DouYu International (NASDAQ: DOYU) have all buckled below their initial offering prices, but brighter days should be ahead. All three stocks aren't for the timid. They are riskier than even most IPO investments. The payoff could be juicy if they come back into favor.
Image source: Lyft.
Source Fool.com
