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International Business Times
International Business Times
Business
Thomas URBAIN

Lower Rates, Surging Stock Market Fail To Ignite US IPO Market

IPO United States Stock Market Jay Ritter Mark Roberts Economy Renaissance Capital the Federal Reserve
The beginning of a rate easing cycle by the Federal Reserve was expected to spur IPO activity but analysts see the market response as muted (Credit: AFP)

Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs.

Experts say the lackluster IPO activity is due to competition from venture capitalists and a rate cut that was slow to come.

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