Emerging Stocks Down Under 5 July 2022: Audinate (ASX:AD8)

Audinate: Heading in the right direction, but is the price right?

When you consider the best performing IPOs of the last decade, companies like Xero and AfterPay come to mind. But audio fidelity company Audinate is up there too, having listed in 2017 with a market capitalisation of ~$72m. But it is now capitalised at nearly $600m. Can we rely on further growth and is the stock at the right price to buy right now?

Click here to read the previous edition of Emerging Stocks Down Under published 28 June 2022

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