Here’s Why Recent IPO AquaVenture Faces Serious Headwinds in 2017

Shares of AquaVenture Holdings has advanced nearly 16% since the firm’s initial public offering on Oct. 5, but the provider of water purification services will likely face significant headwinds this year. Although the longer-term picture is positive, the company faces notable challenges in the short term with significant operating losses and the IPO lock-up expiration on the horizon in April.