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0.0126582278481013 0.0126582278481013 -0.00253164556962029 0.0126582278481013 -0.00607594936708848 -0.00202531645569616 0.00101265822784808 0.0091139240506329
Stock impact report

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

Passage Bio, Inc. (PASG) 
Company Research Source: Reuters
Bankers try to keep IPO party going amid coronavirus market jitters March 5 (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 on 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 Show less Read more
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