Deals

US IPOs See Best Start Since ’21 as Election Shortens Window

  • More than $20 billion raised in 2024 as large deals add up
  • Bankers steering clients away from second half amid polls

Initial public offerings have gotten off to their best start to a year since the heady days of 2021, with more than $20 billion raised in the first six months.

Photographer: Michael Nagle/Bloomberg

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For the first time in three years, Wall Street’s equity capital markets bankers appear to have the wind at their backs.

Initial public offerings have gotten off to their best start to a year since the heady days of 2021, with more than $20 billion raised in the first six months, according to data compiled by Bloomberg.