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IPOs slow down globally in third quarter after frenetic 2021 start

IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter

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More than 2,000 IPOs have raised a combined $421 billion globally year-to-date, a record high, as private companies rushed to attain the soaring valuations of their publicly listed peers

Echo Wang and Abhinav Ramnarayan | Reuters

3 min read Last Updated : Sep 30 2021 | 9:51 AM IST

Initial public offerings (IPO) globally slowed in the third quarter of 2021 from their previous frenetic pace, but the number of listings in the first nine months of the year still was the highest since the dotcom bubble of 2000, according to Refinitiv data.

IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter, as activity cooled due to a summer slowdown and U.S. scrutiny of Chinese listings following Beijing's crackdown on DiDi Global Inc (DIDI.N) just days after its New York IPO.

More than 2,000 IPOs have raised a combined $421 billion globally

Topics : Coronavirus initial public offerings IPOs Global Markets stock market trading

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