Of the 10 worst-performing IPOs of 2021, 5 are new-age tech startups

Of these, five were major tech IPO launches of 2021 — Zomato, Paytm, Nykaa, Fino Payments Bank, Policy Bazaar and CarTrade. Investors have turned cautious as the ongoing events globally has changed their appetite for new age growth stocks to traditional defensive stocks. https://ift.tt/h7v35Nu