2024 Marks a Solid but Underwhelming Year for IPO Activity
The US IPO market continued to rebuild in 2024, closing out the year with 146 IPOs raising $29.6 billion. Despite a more than 50% increase in proceeds compared to last year, deal flow was still fairly slow by historical standards, even with mostly strong trading. Companies repeatedly pushed back their IPO timelines, amid delayed rate cuts and...
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