IPOS - Nasdaq Leads Over NYSE in IPO Listings Drawing Major Tech and Global Firms in 2023 | Benzinga
Nasdaq, Inc. (NASDAQ: NDAQ) is reportedly poised to outpace the New York Stock Exchange in securing initial public offerings in 2023.
This marks the fifth consecutive year where the once-leading NYSE has trailed its competitor, the Wall Street Journal said in a news report.
Nasdaq has raised $13.6 billion from IPOs, surpassing the $10.4 billion generated by new listings on the NYSE, the report read, citing data provider Dealogic.
According to some market veterans, the rivalry between the two U.S. exchanges has enhanced New York's appeal as a listing destination for global companies.
This positions it favorably compared to markets like London or Hong ...