Business
Here’s how Nuix (ASX:NXL) and these recent IPOs are performing since listing
The last few months have been jam-packed with new companies hitting the ASX boards after completing their IPOs.
Here’s a summary of a few recent IPOs and how they have performed since listing:
The Adore Beauty share price has been a disappointing performer since listing on the Australian share market. The online beauty products retailer’s shares ended the week at $5.29, which is down almost 22% from its IPO price of $6.75.
This is despite the company recently revealing that it is on course to outperform its prospectus forecast for the first half of FY 2021. It is now expecting revenue to come in at approximately $95.2 million for the six months, which is 7% higher than its guidance of $89 million.
Management also advised…
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