Market Moves
Tall Order: Bulls Hope Reddit’s Fledgling Stock Will Lift the IPO Curse
Previous supposedly hot offerings, like Instacart, did nothing to help the tattered new-issue market.
Previous supposedly hot offerings, like Instacart, did nothing to help the tattered new-issue market.
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
Due to high interest rates, among other things, VC investment in new companies and IPO exits are way down from previous years.
The mauled blank check funds have a ticking clock: Deliver promised acquisitions or be liquidated.
Ever since the SEC’s spring crackdown, these once-popular investments have wilted. But their excesses are being leached away.