(GIF:GIPHY)Transportation and logistics stocks are the future, something I’m a little surprised about. Turns out, while everyone was watching initial public offerings for Skims, Discord and the like, the logistics sector has come out in force for IPOs in 2024.
The motivation behind an IPO is typically for a privately held company to raise capital in hopes of expanding. Also, venture capitalists may use IPOs as an exit strategy to receive their return on investment in private rounds of...
https://www.freightwaves.com/news/check-call-ipo-calls-to-logistics-companies