HomeAbout

TL;DR CNBC


The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says - TL;DR CNBC

The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says

Publishing timestamp: 2023-08-31 14:37:01


Summary

The CEO of Sixth Street, a big investor overseeing more than $70 billion, believes that the drought in the IPO market is nearing its end. He sees a "real pickup" in the IPO pipeline and expects the market to come back to life in the fourth quarter and into the first quarter of next year. The article also mentions potential IPO candidates for the fall.


Sentiment: POSITIVE

Tickers: ABNBTSLXSPOT

Keywords: marketsairbnb incwall streetbreaking news: businessstock marketsspotify technology satpg specialty lending incbreaking news: investingbusiness newsbreaking news: marketsinvestment strategy

Source: https://www.cnbc.com/2023/08/31/the-ipo-downturn-is-in-the-7th-inning-and-a-real-pickup-could-arrive-soon-sixth-street-ceo-says.html


Developed by Leo Phan