Reported about 8 hours ago
Klarna, StubHub, and eToro have postponed their planned initial public offerings (IPOs) amid a challenging market environment. Discussions among financial analysts reveal concerns about declining investor sentiment and the implications for bank earnings, especially regarding investment banking fees. The ongoing IPO delays are seen as a potential threat to the health of startups and the broader economy, particularly in regions heavily reliant on IPO activity like Silicon Valley.
Source: YAHOO