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<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "And on Tuesday, the parent company of WeWork confirmed reports that & nbsp;he will hold his planned IPObut its goal is still to become public by the end of 2019. Since the publication of Form S-1, the climate around the society has become extremely negative. "data-reactid =" 16 "> And Tuesday, WeWork's parent company, The We Company, confirmed reports that it will wait for its planned IPO, but that it's still open to the public before the end of 2019. The climate with respect to society has become extremely negative since the publication of Form S-1.
And this is happening in a bull market.
<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "What happened to the march very animated from the & nbsp;unicorn IPOs? "data-reactid =" 18 "> What happened to the very enthusiastic march of unicorns' IPOs?
If you ask Rebecca Felton, Senior Market Strategist for Riverfront Investment Group, it's simple: "I think the appetite for risk has certainly gone down."
Felton adds that the negative reception says a lot about "where we are in the cycle".
Since the beginning of the year, the S & P 500 index has risen by 21% and the markets have almost reached unprecedented highs. Yet fears of recession persist due to macroeconomic factors such as the US-China trade war and slowdowns abroad.
Some investors simply do not see the current attraction of acquiring shares in technology names that are losing money.
All newly launched technology stocks did not underperform. Enterprise software such as Zoom has been very well received: the shares of the teleconferencing company have increased by 25% since its IPO.
Of course, WeWork is a unique case with its own specific problems: heavy losses, no clear plan to become profitable, and governance issues related to the power and control of CEO Adam Neumann. But analysts see WeWork as Part A of the IPO problem in the tech sector.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" If you take a step back, it's really that is it happening more and more in the IPO market? & nbsp;says Dan Ives, analyst at Wedbush. "And I think everything started with Uber and Lyft." Investors now view the large losses of these companies as a red flag and are less willing to believe that profitability will come. "Data-reactid =" 65 ">" If you step back, that's really what's happening more and more in the IPO market, "says Dan Ives, an analyst at Wedbush." And I think it all started with Uber and Lyft. red flag, and are recently less willing to believe that profitability will come.
WeWork, says Ives, has now become "the child of the poster" for the whole pack of unhealthy unicorns.
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Daniel Roberts is a senior writer and host at Yahoo Finance. Follow him on Twitter @readDanwrite."data-reactid =" 68 ">Daniel Roberts is a senior writer and host at Yahoo Finance. Follow him on Twitter @readDanwrite.
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Discover the phoenix actions: Zoom, MongoDB, PagerDuty and more"data-reactid =" 71 "> Discover the phoenix values: Zoom, MongoDB, PagerDuty and more
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "How the horrible stock market behavior of Eventbrite night in Square"data-reactid =" 72 "> How the horrible stock market performance of Eventbrite night in Square
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