In The Press December 22, 2021

Record-Setting Year for IPOs Fails to Deliver Historic Returns (Bloomberg)

More than half of this year’s 481 U.S. IPOs are trading below their offer prices, according to data compiled by Bloomberg. Heidi Mayon, a Goodwin Technology and Capital Markets partner whose IPO work has included DoorDash Inc. and Poshmark Inc., described the first half of 2021 as a race to go public. Mayon said she expects the long-term upward trend in listings to carry into 2022, though perhaps not at this year’s pace. Read the Bloomberg article here.