Group 1 - The recent pullback in the U.S. stock market is disproportionately impacting IPOs, creating greater uncertainty for companies hoping to go public by year-end [1] - Several recently listed companies, including Gemini Space Station, Fermi, Navan, and Stubhub Holdings, have seen their stock prices drop below their issuance levels [1] - The average return for U.S. IPOs this year (excluding closed-end funds and SPACs) is only 9.7%, significantly lower than the nearly 15% increase in the S&P 500 index [1] Group 2 - New IPOs that have not yet started their roadshows may have to wait until December to begin marketing activities due to the approaching holiday at the end of November [2] - Despite challenges, there is no panic regarding a "freeze" on IPOs, as companies like Grayscale Investments and Klook continue to file for IPOs aiming for a December listing [2] - Interest in U.S. listings is significantly higher compared to December of last year, with a substantial backlog of projects across various industries expected to materialize in 2025 and 2026 [2]
美股回调重挫IPO市场！热门新股集体回调 投行仍看好后续发行窗口
智通财经网·2025-11-17 15:39