Business
These were 2 of the worst performing IPOs of 2020
Newly ASX-listed companies such as Douugh Ltd (ASX: DOU), Cosol Ltd (ASX: COS) and 4D Medical Ltd (ASX: 4DX) have hit the ground running to deliver triple digit returns for their investors whilst some initial public offerings (IPOs) just never took off. Here are two of the worst performing IPOs from 2020.
Youfoodz Holdings Ltd (ASX: YFZ)
According to Youfoodz, the company specialises in the production and distribution of high quality and affordable, ready-made meals and other convenience food products for residential, retail and corporate customers. The business operates three production facilities in Brisbane and has developed a scalable, proprietary in-house technology system to optimise production and supply-chain management…
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