Gold Rush On D-Street

One of the best ways to counter temptation is to yield to it. For the average bargain hunter looking for the best floats in the primary market, temptations these days are a dime a dozen. These come in the shape of a thick IPO (initial public offer) pipeline which, at this very moment, houses a raft of issues. The market resembles a wild scramble featuring offers ranging from biotech and healthcare to food delivery and financial services companies. The robust IPO dashboard implies a marked demand for new issuances from a corporate sector which, despite the pandemic, is looking to raise fresh capital from investors. The latter have eagerly heeded the call, a trend that is reflected quite adequately in the mobilisation figures. Indeed, a number of primary offers have lately garnered large-scale support. For reasons that will be perfectly understood, the obvious enthusiasm is partially on...