IPO Market Limps Into Seasonal Lull After $7.2 Billion Burst
Pedestrians outside of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThe highly-anticipated IPO boom may take a little longer to materialize as the market for new issuances limped into a seasonal quiet period.
Postponed listings from broker Clear Street Group Inc. and Blackstone Inc.-backed Liftoff Mobile Inc. and broader stock market volatility left a sour taste in growth investors’ mouths as the window for initial public offerings before annual audits came to an end last week. The jolt of delayed deals paired with choppy performances across the class of 2026 kept a lid on what’s been the busiest start to a year since the go-go days of 2021.