IPO Market Slumps In Q3 On Weak Market Conditions

By | October 6, 2015

Scalper1 News

The IPO market slowed to 34 deals in Q3, down 43% from the year-ago quarter amid a broad market sell-off and the near absence of technology deals, Renaissance Capital reports. The IPOs raised $5.1 billion, the lowest amount since Q3 2011. Technology IPOs, typically a strong sector, had just one offering, the lowest level in more than six years. In addition, said Renaissance, a significant number of IPOs were pulled or delayed due to market Scalper1 News

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