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Stock impact report

REFILE-Bankers try to keep IPO party going amid coronavirus market jitters [Reuters]

GFL Environmental Inc. Subordinate voting shares, no par value (GFL) 
Company Research Source: Reuters
Bankers try to keep IPO party going amid coronavirus market jitters (Reuters) - Some of the best seats at the Boston TD Garden arena’s Tuesday night basketball game between the Celtics and the Brooklyn Nets were reserved for guests of H.C. Wainwright, a boutique investment bank specializing in initial public offerings of biotechnology firms. The guests were biotechnology industry executives and consultants. The message from their hosts was clear: the coronavirus outbreak should not prevent you from going out and enjoying yourselves - or taking your companies public. “I think bankers are still pretty bullish about IPOs moving forward,” one of the guests, biotechnology consultant Daniel Geffken, founder of Massachusetts-based financial advisory firm Danforth Advisors, told Reuters. H.C. Wainwright did not respond to a request for comment. The market for initial public offerings is off to a shaky start this year because of the market volatility fueled by the global spread of the coronavi Show less Read more
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