NEW YORK - U.S. companies planning to launch initial public offerings in the coming weeks are hoping that August’s bout of stock market volatility will subside this month, according to investment bankers and capital markets lawyers advising them.
The U.S. trade war with China caused the stock market to seesaw in August. The CBOE Volatility index .VIX, Wall Street’s fear gauge, rose around 12% last month, the second-biggest monthly jump so far in 2019. Last month was also the worst August for U.S. stocks in four years. By contrast, almost 70 companies have registered with the U.S. Securities and Exchange Commission for an IPO, according to research firm Renaissance Capital, which estimates companies could raise more than $15 billion from September until the end of 2019.
“I can safely say that this has been one of busiest Augusts we have ever had in terms of IPOs getting geared up for September,” said David Goldschmidt, global head of capital markets at U.S. law firm Skadden, Arps, Slate, Meagher & Flom.
26081.0usd DJI
Another attempted murder by HK police in MTR hours ago. The first aider at the scene suspected that the vic's neck has broken (cervical fracture). The police stalled the rescue for 30 mins and refused to remove the handcuff during resuscitation. SOSHK
LOL. With Trump at the helm, firing off tariffs at China whenever FoxNews says something bad about them? Yeah. Good luck with that.
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.
Source: Reuters - 🏆 2. / 97 Read more »
Source: AP - 🏆 728. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »