NewConnect market slams on the brakes

NewConnect saw a 50 percent drop in launches last year compared to 2021. It has not been conducive to such activity in recent months, according to experts. Two years ago there were higher valuations. Individual investors also showed strong interest in the shares. Nearly 40 percent of the companies that entered the so-called "small trading floor" last year operate in the gaming field. 

It is unclear how the situation will unfold in 2023, both in terms of the number of debuting companies and the valuations.

(MondayNews)