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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