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Kansas based SelectQuote raised $360m at a $3.25b valuation at IPO. The company said the virus outbreak is accelerating the digitization of the insurance industry.
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Since late February, the Cboe Volatility Index , known as Wall Street’s fear gauge, has been above the 20-point threshold that most IPO hopefuls monitor to gauge investor jitters. But it has trended downwards in recent weeks, giving some companies confidence to test the market.
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