Reported 1 day ago
The ongoing U.S. government shutdown poses a significant threat to the recovering IPO market, which has seen a surge in activity after the downturn caused by inflation in 2022. With the Securities and Exchange Commission operating at minimal capacity, IPO reviews and approvals are delayed, leading to potential confidence issues in the U.S. markets. Despite a promising year for IPOs, uncertainty in Washington serves as a reminder of the challenges investors and companies face in navigating market conditions.
Source: YAHOO