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IPOs overall beat the market this year despite some ‘mega busts’

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Ethan Brown, founder and chief executive officer of Beyond Meat Inc., center, rings the opening bell during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, May 2, 2019. Beyond Meat’s successful initial public offering at $25 a share, the top end of its increased range, shows appetite for innovation in the packaged-food industry. Photographer: Michael Nagle/Bloomberg via Getty Images

Bloomberg | Bloomberg | Getty Images

This year’s IPOs crop wasn’t as bad as it may have appeared.

Despite the high-profile struggles of Uber and Lyft shares, an index that tracks initial public offerings has outperformed the S&P 500 in what could be a historic…



Source cnbc.com

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