ANALYSIS: IPOs Slim Down to Pre-Y2K Size During Market Winter

Initial public offerings remain huddled amid their winter of discontent, shrinking in size as they endure turbulent market conditions and frigid economic headwinds made colder by a startups-centered banking crisis almost no one saw coming (but perhaps more should have). Certain sectors, such as energy, are doing relatively better than others, but the market is still struggling to find its footing as a hawkish Federal Reserve tightens access to money and the economy teeters on the edge of a recession.

The IPO Market Continues Its Freeze

IPOs lost their mojo at the beginning of 2022 and still haven’t found ...