Bloomberg News quoted capital markets partner Daniel Forman in an article about the post-Labor Day IPO market.
Companies looking to go public typically target the window after Labor Day in September to launch their initial public offerings. But this year’s share volume is significantly lower than in past years, Bloomberg reported.
Daniel noted that the market for IPOs “will be pretty quiet for the rest of the year.”
“There’s building uncertainty around the election and the differences around economic policies,” he said, adding that tariffs proposed by presidential candidate Donald Trump are an “additional variable to consider.”
The article is available to subscribers here.
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