From blockbuster to bust: Behind the precipitous drop in IPOs
Private companies are sitting on the sidelines in 2022 after a record setting year of initial public offerings fueled by cheap borrowing.
Lynn Martin has been the 68th president of the New York Stock Exchange for six months, and so far, her tenure has coincided with a period of extreme volatility.
It started out on an auspicious note. On Jan. 3, her first day on the job, the S&P 500 and the Dow Jones Industrial Average closed at new highs. But since then, the two indexes have fallen about 20% and 15%, respectively.
With inflation rising at the fastest pace in
