Investor confidence returns to US IPOs

Initial public offerings have gotten off to their best start to a year since the heady days of 2021, with more than US$20bil raised in the first six months. — Bloomberg

New York: For the first time in three years, Wall Street’s equity capital market (ECM) bankers appear to have the wind at their backs.

Initial public offerings (IPOs) have gotten off to their best start to a year since the heady days of 2021, with more than US$20bil raised in the first six months, according to data compiled by Bloomberg.