How the Shutdown Threatens to Disrupt IPO Market Momentum
The shutdown halts SEC IPO processing, delaying deals for major companies and creating a backlog despite $52.94 billion raised from 263 listings this year, Dealogic data shows.
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9 Articles
US government shutdown threatens to disrupt IPO market momentum
By Manya Saini and Niket Nishant (Reuters) -A U.S. government shutdown threatens to stall the IPO market’s long-awaited comeback, just as strong investor demand and successful debuts had breathed life back into new listings. The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal. With the Securities and Exchange Commission running only essen…
US Government Shutdown Puts Brakes on IPO Momentum
A renewed surge in U.S. initial public offerings (IPOs) is now at risk of stalling, as the federal government shutdown, triggered by partisan gridlock in Congress, threatens to cripple the Securities and Exchange Commission (SEC) and halt critical IPO approvals, according to CNBC.
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