FAST FIVE: 2019 Was Dreadful For IPOs – Will 2020 Be Better?
By selling just 1.5% of the company, the Saudi Arabia-owned crude oil juggernaut will receive a valuation of $1.7 trillion, which will make it the world's largest IPO.
The stock is already over-subscribed at home, but foreign investors do not have an appetite for a little bit of the crude bubbly.
Will The Class Of 2020 Get Left Behind.
With Plenty Of Money And You It has been quite the year for American financial markets.
Unfortunately for the IPO class of 2019, it was the worst of times – can 2020 be an improvement.