299 IPOs Raise $21.5 Billion in Global Markets in Q1-2023
The global markets witnessed as many as 299 Initial Public Offerings (IPOs) raising $21.5 billion in Q1-2023 owing to interest rate rises, a lukewarm stock market, entrenched inflation, and unexpected global banking industry turbulence.
Analysis: Investors face dilemma as capital increases fill IPO void
Investors in European companies are being asked to plough money into a series of capital hikes as cash-hungry companies, including Swiss lender Credit Suisse , look to equity markets to repair their balance sheets and fund costly turnarounds.
Nasdaq profits top Wall Street views as software services rise
Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator’s investment-related products to navigate market volatility, helping drive up revenues.
With IPOs on ice, banks’ stock offering fees plummet
Recession fears and Russia’s invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving bankers of lucrative fees for arranging stock sales such as initial public offerings (IPOs).
Italy’s De Nora delivers on IPO, but prices at bottom of range
Industrie De Nora (IPO-DENR.MI) will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though it priced its share sale at the bottom of an indicative range.
India’s market regulator tightens stock market listing rules
India’s market regulator on Tuesday strengthened rules for companies going public, potentially slowing some planned new issues, as it seeks to protect retail investors after a record year of Initial Public Offerings (IPOs).
