Warrington College of Business recently issued the following announcement.
It has been a record-breaking year for IPOs, but it has also been a mixed bag — and billionaire Stephen Schwarzman’s Blackstone Group is among those investors who are picking through their duds.
“Investors were buying IPOs on a lot of optimistic assumptions,” Cordell Eminent Scholar Jay Ritter told The Post.
Read more of Ritter’s thoughts on the IPOs from 2021.
Original source can be found here.
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