2024-02-18 23:42:26 ET
Summary
- IPO activity in 2023 remained subdued compared to pre-pandemic years despite expectations of a surge.
- IPO experts are now predicting a resurgence in new stock offerings for 2024, but projections keep getting pushed back.
- Factors such as the upcoming presidential election, underperformance of recent IPOs, and elevated interest rates are hindering IPO market momentum.
By Andrew Prochnow
Following a lackluster performance in 2022, many experts anticipated a surge in the number of initial public offerings (IPOs) in 2023. However, contrary to expectations, IPO activity remained significantly subdued compared to the pre-pandemic years.
Consequently, several IPO experts, particularly those vested in IPOs, are now predicting a resurgence in new stock offerings for 2024....
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