The IPO market went from 'boom to bust' in 2022. Here's what's driving the massive slowdown
From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022.
Investors faced with high inflation and rising interest rates have ditched high-flying growth stocks and turned to safer, more profitable alternatives.
The decline has been striking given the record level of proceeds raised through public markets just a year prior. U.S.-listed companies raised over $155 billion in proceeds in 2021 through their initial public offerings, according to …