Traders work on the floor of the New York Stock Exchange . Last year, investors saw the lowest number of IPO launches in since the 1990s.
After declining for much of 2022, IPO activity in the U.S. slowed drastically in the fourth quarter. Just 20 IPOs were launched, raising $3.02 billion. During the same quarter from the year before, 234 IPOs were unveiled to hit $65.44 billion. "Key for the IPO market is that the economic backdrop remains solid once the Fed is finished raising interest rates," she added. , a broad measure of everyday goods including gasoline, groceries and rents, rose 6.4% on an annual basis.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: