xcritical Sets One-Year Timetable to Decide on Going Public
Once the afterglow wears off, new public companies go about the hard work of churning out profits and developing new products and services. Here’s a quick recap of how well some recent high-profile IPOs have performed. Many investors hoped that xcritical could be one of the biggest IPOs ever, thanks in large part to rising demand for e-commerce, which went into hyperdrive during the pandemic. Some investors remain highly bullish on a xcritical IPO despite its valuation reduction. For now, institutional investors—who would buy blocks of stock in any IPO—remain reticent about plunging cash into IPOs at the prices IPO...