A slew of companies is slated to set free their pre-listing shareholder lock-ins, amounting to an estimated value of $14.5 billion, in next three months. How can it change the course of markets post elections?
With stock markets already navigating through pockets of turbulence and anxiety, mostly related to elections, there seems to some more trouble brewing up. This time, the wreckage could be possibly led by primary markets. Markets could be facing an outflow of $14.5 billion in the next three months as clutch of shares will be released from their respective lock-in period after these companies had launched their initial public offerings (IPOs) for fresh listings in the stock markets.