NYU’s ‘dean of valuation’ says the market rebound has reopened the IPO market

(This story is for CNBC Pro subscribers only). 

New York University finance professor and the “dean of valuation” Aswath Damodaran said on CNBC’s “Power Lunch” that the market rebound could pave the way for initial public offerings. 

Damodaran said that private companies that are positioned to take advantage of changes after the virus passes should be able to access public markets.