Seven of the Top 500 sought capital by filing initial public offerings in 2021
Digital Commerce 360 Staff|
Just seven of the Top 500 sought capital by filing initial public offerings in 2021. Of those, five were DNVBs. The performance of those IPOs were disappointing to say the least. In April, when we conducted the research for this report, every single one of the seven retailers was trading at share prices below their IPO prices. One of them — the shoe manufacturer Allbirds (No. 340) — saw its stock price plummet 79.2% from the IPO price.
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