Saudi IPO Delay Is Another Setback for the Lagging Stock Market

A postponed initial public offering in Saudi Arabia is the latest setback for a stock market that’s trailing global peers for the fourth year in a row. A postponed initial public offering in Saudi Arabia is the latest setback for a stock market that’s trailing global peers for the fourth year in a row.Mutlaq Al-Ghowairi Contracting Co’s decision to d...