US IPO Market’s Slow Rebound Continues as Focus Shifts to 2025
While the IPO market’s annual fall pickup was more muted than anticipated, the third quarter still saw a fair amount of activity, with 37 IPOs raising a combined $8.0 billion. Markets stumbled in early August when signs of economic weakness flared up, and while stocks staged a swift recovery as investors digested cooling inflation and impending rate cuts, the volatility still weighed on post-Labor Day issuance. Thirteen IPOs raised $100 million or more in the 3Q, led by ...
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