Sometimes all it takes to tip the market over from hot to overheating is just one deal.
Following a yearlong streak of blockbuster capital markets transactions, bankers may finally get a breather after
The trading platform’s $2.1 billion IPO opened flat in New York on Thursday before closing 8.4% below the offer price. The cooling market prompted at least three listing candidates to delay debuts intended to raise close to a combined $3 billion this week.
Just seven months into the year, U.S. IPO volume ...