Google Ad

U.S. equity deals rebounded in Q2, highlighted by a surge in IPO activity after IPOs being down by a third for the first six months of the year, to hit a three-year low. US new listings raised $32 billion in the first half of 2019

Lyft Opening Bell

The surge all came in the second quarter, three times the amount compared with the opening quarter. The US new listings market saw $32 billion raised in the first half, bouncing back from a three year low to top 2018.

Deal flow was to the U.S., EMEA IPO deals fell 47 percent and Asia Pacific IPOs fell 43 percent in the same period. This meant overall US equity capital markets accounted for 35 percent of the global total, the highest proportion since 2015.

Biggest IPO H1 2019

One-third of the $32 billion raised came from two IPO's ride-sharingg apps Lyft and Uber.

Source: Refinitiv

From the TradersCommunity News Desk

Log in to comment
Discuss this article in the forums (1 replies).