For proof that the market for initial public offerings continues to open up despite the downdraft in the market, just look at this week.
This spring reopening, however, is threatened by the specter of higher interest rates.
Why higher interest rates hurt IPOs The major headwind: higher for longer interest rates.
technology) are more sensitive to a change in interest rates, because their cash flow projections are further out.
Still, most admit higher rates make it more difficult to get investors excited about IPOs.
Persons:
Ibotta, Rubrik, Matt Kennedy, IPOs, That's, Kennedy, Santosh Rao
Organizations:
Centuri Holdings, Southwest Gas Holdings, UL Solutions, Group, Renaissance Capital, Loar Holdings, Manhattan Venture Partners