Firms Gravitate To Remote IPOs For Cost And Time Savings
PYMNTS
JULY 2, 2020
Weeks-long roadshows are compressed into a few hours on Zoom, while listing ceremonies and — in the case at least of the Shanghai Stock Exchange, the ringing of the stock market bell as well — are being done virtually. The results so far have been encouraging, with investors in some cases showing a heightened interest in virtual IPOs.
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