Global IPO launches sank by 45% in 2022 as rate hikes and geopolitical tensions kept companies away

Dec 19 2022 by Business Insider

 

Reuters

IPOs worldwide sharply fell in 2022 amid a volatile market environment with interest rates and inflation flying higher.  Global IPO volumes fell 45% to 1,333 launches, according to consultancy firm EY.  But the energy sector saw a surge in IPOs as prices for oil and gas jumped.  

Scorching inflation, ramped-up interest rates, and Russia's invasion of Ukraine in 2022 slammed into initial public offerings worldwide this year, and companies appear to be tentative about launches in...

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