IPOs

WeWork debacle sees fear overtake greed in IPO market

New listings underperform the market in reversal from early 2019

WeWork debacle sees fear overtake greed in IPO market
Photo: Getty Images

The IPO market has gone from hot to not.

Shares of newly public companies, earlier this year one of the hottest investments on Wall Street, are now in a slump after investors soured on unprofitable startups from Uber Technologies to WeWork.

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