Is the insurance IPO rush off before it's begun?
Why one firm pulled the plug
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Why one firm pulled the plug
Last year was brutal for startups and the initial public offering (IPO) market, as the recessionary headwinds coupled with the rising interest rates dissuaded venture capitalists and investors alike. While investors cheered a surprising IPO market comeback with British chipmaker Arm Holdings' (NASDAQ:ARM) listing on the Nasdaq Stock Exchange and grocery delivery app Instacart's (NYSE:CART) debut on the New York Stock Exchange, both stocks wobbled soon after their listing. Arm stock plummeted by
After lackluster performance from Arm, Instacart, and Klaviyo, are we going to see the IPO renaissance after all?
The standards for IPOs are much higher, and investors are skittish.
SoftBank’s Arm Holdings is targeting an IPO share price between $47 and $51.