Bloomberg Law
Aug. 9, 2019, 10:44 AM


Preston Brewer
Preston Brewer
Legal Analyst

Initial public offerings achieved healthy results overall and near-mythical venture capital-backed exit values in the second quarter of 2019. These U.S. fundraising efforts more than compensated for a slow start to the year, largely resulting from the disruption and uncertainty of a partial federal government shutdown.

Against the backdrop of an enduring and increasingly acrimonious U.S. trade war with China and notable softening of economic conditions in the U.S., Europe, and China, initial public offerings on U.S. exchanges surged in the second quarter, charting their best quarterly performance in years. The improved market performance owes much of its success to ...

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