5 out of 6 mega IPOs have destroyed wealth. What’s in store for Hyundai IPO investors?
- Posted on October 14, 2024
- By Business News Today
- 1 Views
5 out of 6 mega IPOs have destroyed wealth. What’s in store for Hyundai IPO investors?
Five out of six mega IPOs have resulted in wealth destruction, with examples like LIC and Paytm listing at losses. Despite positive broker ratings for Hyundai's record-breaking IPO, history shows large IPOs often correlate with market peaks and subsequent investor losses.
