Abhishek Gaoshinde offers cautious ratings for upcoming IPOs, citing concerns over debt repayment visibility for Aegis Vopak, limited financial history and valuation for Schloss, and working capital intensive business models for Prostarm and Scoda. He also highlights a potential conflict of interest for Aegis Vopak due to Aegis Logistics’ similar business.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants