News Formal

The IPO Market Went From ‘Boom to Bust' in 2022. Here's What's Driving the Massive Slowdown

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The IPO market has fallen off a cliff in 2022 as investors ditched high-flying growth stocks and turn to safer, more profitable alternatives.

From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022.

Investors faced with high inflation and rising interest rates have ditched high-flying growth stocks and turned to safer, more profitable alternatives. The decline has been striking given the record level of proceeds raised through public markets just a year prior. U.S.-listed companies raised over $155 billion in proceeds in 2021 through their initial public offerings, according"Investors are really risk averse at this moment, and that's what's really impacting the lack of activity that we're seeing," said Rachel Gerring, IPO leader at EY Americas, in an interview with CNBC.

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:

 /  🏆 288. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock buyers are still too bullish for the bear market to endA new bear-market low is likely still in the cards for U.S. stocks after the June low — for two contrarian-related reasons, columnist MktwHulbert writes.
Source: MarketWatch - 🏆 3. / 97 Read more »