Deals
U.S. IPO Market on Track for Slowest Month Since Recession
- Zero listings so far this month as volatility shakes stocks
- One public offering planned for January already postponed
Recent Volatility Shakes Up IPO Market
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Zero: That’s how many initial public offerings have started trading on U.S. exchanges so far in 2016. At this rate, January is on track for the slowest month for IPOs since December 2008, when no companies filed after the bankruptcy of Lehman Brothers Inc.
Compare that to January 2015, when 19 companies listed on American exchanges. The busiest month in the past eight years was July 2014, when 54 companies started trading.