The IPO market has grown quiet again. Here's what is behind the shift in sentiment
Publishing timestamp: 2023-11-09 10:26:28
Summary
The article discusses the lack of activity in the IPO market, with many companies rethinking or delaying their debuts due to poor market conditions, higher interest rates, and lower valuations. Recent IPOs have not performed well, and there is a lack of capital available for companies that are not in the AI space. The article also mentions some small firms still in the pipeline for IPOs and discusses the options for IPO candidates, including going public with a substantial haircut, staying private with a potential haircut, or merging or going out of business. The private financing markets are also challenging, leaving many tech unicorns in a precarious position.
Sentiment: NEGATIVE
Keywords: markets, instacart (maplebear inc), birkenstock holding plc, renaissance ipo etf, kenvue inc, investment strategy, ipo, arm holdings plc, wall street, klaviyo inc, cava group inc, business news, stock markets, breaking news: markets,