Reported 8 months ago
European IPOs that launched in 2024 showed strong gains initially, surpassing the broader equity market. However, concerns over political turmoil and market volatility are now dampening the confidence in the pace of future IPOs for the year. Despite the region's exit from a mild recession and lower interest rates, events in France, particularly around the parliamentary elections, have caused uncertainty in the markets. This has led to high-profile IPO deals being canceled or postponed, indicating a potential pause in the IPO resurgence until market conditions stabilize.
Source: YAHOO