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Josh Bonnie Quoted in The Wall Street Journal on IPO Activity
01.04.22
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Co-Head of the Global Capital Markets Practice Josh Bonnie was quoted in a Wall Street Journal article titled, “IPOs Had a Record 2021. Now They Are Selling Off Like Crazy.” The article explored how companies raised more money through traditional IPOs than ever before in 2021, while two-thirds of the companies that went public in the U.S. this year are now trading below their IPO prices. Despite the volatility of the IPO market, Josh noted that the pipeline into next year remains strong, saying “None of the companies we’re working with have gone pencils down,” as companies prepare to go public in 2022 and re-evaluate their target prices ahead of stock-market debuts.
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