Poor IPO-Stock Performance Weighs Further on New-Issue Market

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The IPO market is in a deep freeze this year. One big reason: the horrible performance of shares listed last year.

Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership.

Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership
 

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In other news, man perpetually blurry in photos vows revenge.

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If you're selling stocks because the Fed is hiking interest rates, you may be suffering from 'inflation illusion'Forget everything you think you know about the relationship between interest rates and the stock market. MktwHulbert High interest rates are NOT THE PROBLEM. The VELOCITY of changes ARE the problem. When you are raising rates faster than you allow those rates to circulate through the economy...THAT IS THE PROBLEM. Does ANYONE that writes for financial news agencies understand economics? MktwHulbert No, but I have less money after paying the mortgage to buy them 🤔🤷‍♂️😂😂 MktwHulbert Yeah, okay. Just like Inflation is good, 🤡
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