WeWork fiasco shows it’s not a great time to go public
NEW YORK: WeWork, Peloton, Endeavor, Poshmark and more just got the message: It’s not a great time to go public.
Disappointing initial public offerings and unsettled economic conditions could shut down many IPOs for the rest of the year -- and maybe well into 2020, when the next batch of marquee IPO candidates like Airbnb could meet an even gloomier market and geopolitical environment.
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