Lower rates, surging stock market fail to ignite US IPOs

Mădălina Grigore

NEW YORK Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient U.S. economy , a long-awaited interest rate cut by the central bank and stock valuations hitting record highs. Experts say the lackluster IPO activity is due to competition from venture capitalists and a rate cut that was slow to come. While initial public offerings (IPOs) typically pick up in the fall, the market was "more muted than anticipated" this year, said research group Renaissance Capital. The

Lower rates, surging stock market fail to ignite US IPOs https://www.hurriyetdailynews.com/ - 10:06

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Lower rates, surging stock market fail to ignite US IPOs https://www.hurriyetdailynews.com/ - 10:06