What $1,000 invested in these high-profile IPOs is worth today
Find out which companies are up and which are way down.
A large number of IPOs hit the stock market in 2019 compared with recent years and many involved so-called “unicorn” companies, or those with valuations of at least $1 billion. Although that sounds impressive, the stories that helped give these companies their lofty valuations often crumble once their stocks begin to trade on the public markets. In many cases, a company’s financial results simply don’t live up to the hype and the stock suffers as a result. Of course, not all big-time IPOs suffer the same fate.
Click ahead for a look at some of the most noteworthy recent IPOs and how you would have fared had you invested $1,000 at the offering price.
Related: What $1,000 Invested in Stocks 10 Years Ago Would Be Worth Today
Last updated: Nov. 4, 2019
© NYCStock / Shutterstock.com
Source : Link