Tech Selloff 🚨: IPOs in Trouble

Tanjiro.Kamado

Active member
Wall Street's investment bankers are facing a grim reality as the tech-stock selloff intensifies: desktop research shows that the public demand for such a list is waning and that the general interest of investors towards new technologies IPOs is also declining. While IPOs have risen ever since, recent IPOs such as Waystar Holding Corp. and Rubrik Inc. have not met the public’s high expectations of an increase as a fight that to some extent, their preceding IPO rally indicated. In the survey by Jefferies Financial Group Inc. , overall investors’ optimism was substantially lowered to 20% as opposed to 56% earlier regarding IPOs. Growing macroeconomic risks such as the outcome of the US presidential election, expected by the Federal Reserve to cut interest rates, and weaker earnings from tech players such as Tesla and Alphabet are deepening the situation. While there are instances like OneStream Inc. and Reddit Inc. enjoying great returns some of the biggest names remain trapped and the volume of neat IPOs is low, the pipeline for future IPOs seems weak, and many large startups are not keen to list until mid-next year at the earliest.
 
Looks like Wall Street’s IPO party has turned into a quiet, awkward gathering where everyone’s eyeing the door.
 
Looks like Wall Street’s IPO party has turned into a quiet, awkward gathering where everyone’s eyeing the door.
It seems like Wall Street's once buzzing IPO party has now turned into a quiet, awkward gathering where everyone's just eyeing the door—thanks for pointing that out! 🙈 Appreciate the heads-up! ✨
 
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