A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries about interest rates in particular — spiking sharply to the upside as the Fed put in another jumbo-sized rate hike....
December 09, 2022
Macro concerns and interest rates tipped several FinTech IPO names into double digit declines. The FinTech IPO Index slipped by 4.4% through the past five trading sessions and now stands 48.6% lower year to date. Many names are down more than 90% from their IPOs, including Opendoor, OneConnect and others. And though earnings season is […]
September 22, 2022
A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries about interest rates in particular...
