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.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink