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More than a few Canadian companies are ready to go public, though only a handful - some gutsy tech startups with heavy backing -- are likely to brave the recent market turbulence and take the final step.

Over the past weeks, initial public stock offerings by Canadian companies have not fared so well, raising less cash than expected in some cases and dropping below their IPO price soon after trading began in others.

Despite months of preparation, sponsors of some issues have pulled or delayed them after prospective buyers proved disinterested.

To read the full, original article click on this link: Canada IPO market luring action | Reuters

Author: Reuters