Which IPOs are Due This Year?

Companies whose public offering plans were derailed by COVID-19 are thinking of joining the stock market - but will investors still be keen to buy?

James Gard 11 June, 2020 | 1:28AM

Deliveroo carrier on bicycle

With stock markets continuing their recovery from the March sell-off and many economies starting to re-open, companies that had put their plans to go public on ice are starting to think about joining the market.

Last week, Warner Music Group (WMG) floated on the US stock market, raising nearly $2 billion from investors, and shares are now 20% higher than than the float price. Other firms are likely to follow this year as investors try to put March's volatility behind them. But how do investors make sure they pick a Peloton (PTON) (up 72% since IPO) and avoid an Uber (UBER), where shares are still 20% below their offering price of $45.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Amazon.com Inc3,182.63 USD3.29
Netflix Inc507.76 USD0.99
Peloton Interactive Inc64.49 USD3.15
Uber Technologies Inc33.15 USD-2.30
Warner Music Group Corp Ordinary Shares - Class A30.00 USD0.07

About Author

James Gard

James Gard  James Gard is subeditor for Morningstar.co.uk.

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