On IPOs, Ashwini Agarwal of Demeter Advisors said most new issues are “priced to perfection” with little near-term upside, adding that a slowdown in IPO activity could benefit secondary markets.
On IPOs, Ashwini Agarwal of Demeter Advisors said most new issues are “priced to perfection” with little near-term upside, adding that a slowdown in IPO activity could benefit secondary markets.