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U.S. IPO's Hit Annual Record of $171 Billion in First Six Months of 2021, Eclipsing 2020 Record (Already)
Thursday, June 17, 2021
Vancouver, BC, June 17, 2021--Wall Street's record-breaking run for stock market flotations shows no signs of slowing down. With more than six months until the year ends, U.S. initial public offerings have already totaled $171 billion, eclipsing the 2020 record of $168 billion, according to data from Dealogic. Driving the IPO rush are sky-high corporate valuations in the stock market, inflated by the Federal Reserve's low-interest rates and monetary stimulus in the wake of the COVID-19 pandemic. The IPO gold rush is set to reach new heights in the second half of 2021.
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Globe and Mail Posted: Jun 17, 2021 |
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