Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Rumors have been swirling furiously that numerous prospective issuers in the initial public offering market have withdrawn or postponed their transactions. The market anemia previously covered by the business press and the Rabid Capitalist has persisted. The overhang of money-losing offerings that have disappointed investors since 2020 shows no signs of recovery.
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