Two reasons for IPO surge during the pandemic: Investment banker

SoftBank-backed Indian hotel chain Oyo Hotels on Friday filed for a public offering, just two days after trendy eyeglass unicorn Warby Parker (WRBY) went public on the New York Stock Exchange.

The flurry of activity has become commonplace during a record-breaking surge of IPOs this year that’s seen buzzy offerings from the likes of Robinhood (HOOD), Coinbase (COIN), and 23andMe (ME).

In a new interview, Suzanne Shank — president and CEO of investment bank Siebert Williams Shank — said the…


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