While the headlines may be dominated by news of WeWork putting its IPO on hold after reports about its questionable corporate governance, the overall initial public offering market is doing just fine. So far, 127 US companies went public in the first nine months of the year and the amount they raised already topped three of the past four years.
Collectively these businesses raised about $44 billion in their debuts, topping the $34 billion, $21 billion, and $40 billion raised in 2015, 2016, and 2017, respectively. The total for the first three quarters of 2019 was about $8 billion shy of… Read more »
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