Unlisted share prices of many companies planning IPOs have fallen sharply in October. This follows a dull period for new listings on the stock market. Some prominent firms have experienced significant drops in their unlisted share values. This trend has created uncertainty for investors in the pre-IPO market. Experts point to high valuations as a key reason for this correction.
Urban Company shares surge 7% to 11-month high, rally 16% in 2 sessions. Here are 2 reasons why
Urban Company shares rallied on Monday, after a bullish brokerage call and a legal development involving Kent RO. Kent RO has agreed to remove advertisements