NEW YORKâThe year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for economic recovery that resulted in the shortest bear market on record. After closing at a record high…
US Stocks in 2020: A Year for the History Books
January 4, 2021
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IPOs Paid Out Big for US Investors in 2020
Wall Street investors with access to newly listed stocks at their exclusive IPO prices reaped huge returns in 2020, while retail investors who generally miss out on the best prices still made tidy gains. Shares of companies that went public via IPOs or direct listings this year on average have surged 75 percent, with corporations…
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