News Formal

Stock sale frenzy foretells U.S. IPO market comeback

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A likely wave could mark the end of a weak market for debuts that has persisted for a year and a half

A flurry of stock sales by companies points to a likely wave of initial public offerings launching come September, potentially marking the end of a weak market for debuts that has persisted for a year and a half.

“Historically, follow-on activity of this magnitude should lead to animal spirits in the IPO market,” said Daniel Burton-Morgan, head of Americas syndicate for equity capital markets at Bank of America Corp. Goldman Sachs Group Inc’s IPO Issuance Barometer, which measures how conducive the macroeconomic environment is for IPOs, is now at its highest level since March 2022.

The tally included Intel Corp selling $1.6 billion worth of stock in former self-driving technology unit Mobileye Global, and General Electric’s $2 billion sell-down of is stake in GE Healthcare Technologies.Major companies are waiting in the wings to launch their market debut come September, when the IPO window traditionally opens after a summer lull.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: Global shares mostly slip after US markets closed for a holidayGlobal shares mostly declined Tuesday after a meeting between Chinese leader Xi Jinping and Secretary of State Antony Blinken yielded no signs of progress from either side on Taiwan, human rights, technology and other issues of contention.
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »

U.S. stock market’s gains hinge on timing of Fed’s pause or skipHistory shows prospects for the bull market to keep running improve if Fed opts for a longer pause before its next rate increase. Read on.
Источник: financialpost - 🏆 7. / 85 Прочитайте больше »

U.S. stock market’s gains hinge on timing of Fed’s pause or skipHistory shows prospects for the bull market to keep running improve if Fed opts for a longer pause before its next rate increase. Read on.
Источник: nationalpost - 🏆 10. / 80 Прочитайте больше »

U.S. stock market’s gains hinge on timing of Fed’s pause or skipHistory shows prospects for the bull market to keep running improve if Fed opts for a longer pause before its next rate increase. Read on.
Источник: fpinvesting - 🏆 43. / 63 Прочитайте больше »