Vizio, Bain-Backed Diversey Debut in the Red on Bad Day for IPOs

March 25, 2021, 5:16 PM UTC

This week’s market jitters have spoiled a busy day for new listings on U.S. exchanges.

All of the companies that started trading on Thursday opened below their initial public offering prices, in another signal that investors are shying away from risk. Those debuts include: Vizio Holding Corp., Bain Capital Private Equity’s Diversey Holdings Ltd. and office supply maker Cricut Inc. Marketing software maker Semrush Holdings Inc. and biotech Lava Therapeutics NV are also on the list.

Read more: Pulled IPOs Worth $3.6 Billion Show Cracks in Rally: ECM Watch

The weakness in the broader equity market has weighed ...

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