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☆ NYSE President Lynn Martin: IPO market is back open
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE President Lynn Martin: IPO market is back openNYSE President Lynn Martin joins 'Money Movers' to discuss why there haven't been more IPOs to date, why AI startups have yet to go public, and much more.

Persons: Lynn Martin

☆ Fact check: Trump tells ‘mind-bogglingly nonsensical’ story about the New York Stock Exchange
▼ + stars: | 2024-03-25 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

Facts First: The stock exchange on which the Trump Media & Technology Group is being listed, the Nasdaq, is also headquartered in New York. In fact, the Nasdaq and the New York Stock Exchange are located in the same New York City borough of Manhattan. He said: “Like, what?”“I hope somebody advising President Trump informs him that the same investor protection rules that safeguard investors of the New York Stock Exchange also safeguard investors on the Nasdaq Stock Market,” Macey said. Colangelo served as acting associate attorney general in the first months of the Biden administration in early 2021 and then as principal deputy associate attorney general. As acting associate attorney general, he was third in command of the department – never the top official there, as Trump has previously claimed.

Persons: Donald Trump, ”, ” Jonathan Macey, Macey, Trump, ” Macey, Letitia James, Attorney Alvin Bragg, ‘ I’m, Lynn Martin, Stacey Cunningham, Sharon Bowen, Biden, Matthew Colangelo, “, Joe Biden, Bragg, Colangelo, Biden James, Jack Smith, Smith, General Merrick Garland, Garland, – Organizations: Washington CNN, Trump Media & Technology Group, New York Stock Exchange, Trump Media & Technology, Nasdaq, NYSE, “, Yale Law School, New, Manhattan, Attorney, Trump Media, Technology Group, U.S . Securities, Exchange Commission, Biden, Department, Trump, New York, federal Justice Department, DC, Justice Department Locations: New York, York City, Manhattan, York, Macy’s, Fulton County , Georgia, New York , Georgia, Florida, Washington

While occupying very different corners of the technology market, Reddit and Astera were the first notable venture-backed tech companies to go public in the U.S. since Instacart and Klaviyo in September. Morgan Stanley was the big winner among banks, having captured the coveted lead left spot on both IPOs. Goldman Sachs led last year's only two big venture-backed offerings, meaning it had been a long dry spell for Morgan Stanley. In the past two years, there have only been 15 tech IPOs total, according to research provided by University of Florida finance professor Jay Ritter. That came after a booming market in 2021, when 121 tech companies went public, the most since the dot-com bubble in 2000.

Persons: hadn't, Morgan Stanley, Goldman Sachs, Jay Ritter, Eric Juergens, Debevoise, Plimpton, Lynn Martin Organizations: New York Stock Exchange, Inc, Astera Labs, University of Florida, Investment, . New York Stock Exchange, CNBC Locations: U.S, Klaviyo, IPOs, .

☆ Reddit pops 48% in NYSE debut after selling shares at top of range
▼ + stars: | 2024-03-21 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. Reddit and selling shareholders raised about $750 million from the offering, with the company collecting about $519 million. This year, Reddit said it plans to recognize roughly $66.4 million in revenue as part of its data licensing deals. Google has also entered into an expanded partnership with Reddit, allowing the search giant to obtain more access to Reddit data to train AI models and improve its products. "I hope they believe in Reddit and support Reddit," Huffman told CNBC in an interview on Thursday.

Persons: Steve Huffman, Lynn Martin, Reddit, Pinterest, Klaviyo, Pinterest's, it's, Alexis Ohanian, Huffman, Redditors, Sam Altman, Condé Nast, Altman's, Altman Organizations: New York Stock Exchange, Astera Labs, Nasdaq, Meta, Google, Reddit, Federal Trade Commission, FTC, Companies, CNBC, GameStop, Tencent, Advance Magazine Publishers Locations: New York, It's, Reddit

☆ NYSE President Lynn Martin on the 2024 IPO pipeline
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE President Lynn Martin on the 2024 IPO pipelineNYSE President Lynn Martin joins 'Squawk Box' to discuss the state of the IPO market, 2024 outlook, and more.

Persons: Lynn Martin

☆ Investors fear US data disruption from looming government shutdown
▼ + stars: | 2023-09-29 | by ( Laura Matthews | ) www.reuters.com time to read: +4 min

A shutdown would disrupt government services including the publication of major U.S. economic data such as keenly-watched employment and inflation reports that can move equity and bond markets globally. "If the government data releases are suspended, this will increase volatility and decrease visibility, in a time when forecasting is already difficult," said Clifton Hill, global macro portfolio manager, at Acadian Asset Management. Hill said that investors would have to make assumptions based on survey and non-government economic data that is available. Key government data releases due over the next two weeks include jobless claims, unemployment and inflation, which influence monetary policy. Peter Vassallo, a foreign exchange portfolio manager at BNP Asset Management said delays in economic data "is unfortunately just something that we have to deal with as it comes."

Persons: Brendan McDermid, Clifton, Hill, Jeffrey Roach, Roach, James Knightley, Peter Vassallo, Vassallo, Lynn Martin, Chris Murphy, Goldman Sachs, shutdowns, Acadian's, Moody's, Fitch, Murphy, Laura Matthews, Megan Davies, Jamie Freed Organizations: New York Stock Exchange, REUTERS, Acadian Asset Management, Federal, LPL, U.S . Federal Reserve, Fed, BNP, Management, NYSE, Susquehanna International Group, United Auto Workers, Thomson Locations: New York City, U.S, Washington, Clifton Hill

☆ Green shoots for the IPO market, but investors ask where are unicorns like Instacart, Klarna
▼ + stars: | 2023-06-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

At the midpoint this would raise $298 million, with a fully diluted market value of $2.1 billion, according to Renaissance Capital. At the midpoint of the proposed range, that would raise $328 million with a market value of $1.5 billion. "The IPO market is definitely opening up," he said. Goldman Sachs' David Kostin has also noted an improved IPO market. The bad news: the stock dropped the day after the IPO to roughly $38 and has remained in that range.

Persons: IPOs, Matt Kennedy, Goldman Sachs, David Kostin, Kostin, Lynn Martin, That's, Santosh Rao, Rao Organizations: NYSE, Insurance, Renaissance, Kodiak Gas Services, Renaissance Capital, Goldman, Foods, CNBC, Manhattan Venture Partners Locations: Renaissance Capital, U.S, Canada, Cava, Fogo, Chao

☆ We're seeing a thawing in the IPO market, says NYSE President Lynn Matin following CAVA's IPO
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing a thawing in the IPO market, says NYSE President Lynn Matin following CAVA's IPOLynn Martin, NYSE President, joins 'Closing Bell Overtime' to discuss CAVA's big IPO day, the IPO market-at-large, and whether or not SPACs are a thing of the past.

Persons: Lynn Matin, Lynn Martin Organizations: NYSE

☆ NYSE President Lynn Martin
▼ + stars: | 2023-03-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE President Lynn MartinFor Women's Heritage Month this year, New York Stock Exchange President Lynn Martin reminds women to not be afraid to take risks.

☆ More detail on what exactly caused NYSE's trading glitch on Tuesday
▼ + stars: | 2023-01-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

After the 9/11 disaster, the NYSE was obligated to maintain a primary trading site (at the NYSE) and a back-up site (which is in Chicago). On Monday evening, routine maintenance was being performed on the software for the Chicago back-up site. On Tuesday morning, the back-up system (Chicago) was mistakenly still running when the primary system (NYSE) came online. Because the back-up was still running, when the primary site started up some stocks behaved as if trading had already started. This caused significant price dislocations and trading halts.

☆ NYSE president Lynn Martin: Crypto has long been a market in need of regulation
▼ + stars: | 2023-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE president Lynn Martin: Crypto has long been a market in need of regulationLynn Martin, NYSE president, joins 'Squawk Box' to discuss the IPO pipeline this year, Martin's thoughts on cryptocurrencies now and more.

☆ Top business leaders discuss financial innovation at the World Economic Forum
▼ + stars: | 2023-01-17 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 2:30 a.m. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC's Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement. Joining CNBC is Ronald P. O'Hanley, the chairman and chief executive officer at State Street Corporation, Lynn Martin, president of NYSE Group Inc., Dan Schulman, the president and chief executive officer at PayPal, Mark Suzman, the chief executive officer of the Bill & Melinda Gates Foundation and Mohammed Al-Jadaan, the minister of finance for Saudi Arabia. Subscribe to CNBC on YouTube.

☆ NYSE president very optimistic about 2023 public listings: 'Backlogs never been stronger'
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYSE president very optimistic about 2023 public listings: 'Backlogs never been stronger'Lynn Martin, New York Stock Exchange president, joins 'Squawk on the Street' to discuss the 2023 outlook for public listings, what could get momentum going in public listings and how the race between the NYSE and Nasdaq will go.

☆ IPO market nearly paused, but exchange leaders expect 2023 boost
▼ + stars: | 2022-12-02 | by ( John Mccrank | ) www.reuters.com time to read: +4 min

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. Proceeds raised by IPOs this year are down around 93% versus 2021, said Lynn Martin, president of Intercontinental Exchange Inc's (ICE.N) New York Stock Exchange. "The reason companies aren't coming to market isn't because the public market currency isn't strong," she said in an interview on Wednesday. Increased scrutiny over the accounting practices of Chinese companies listing in the United States has been another factor in the slowdown in IPOs. "I am quite confident that the IPO market activity will return very quickly in the new year," she said.

☆ After FTX collapse, pressure builds for tougher crypto rules
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +4 min

The collapse of Sam Bankman-Fried's FTX was the biggest in string of big crypto-related failures this year. Some crypto investors share these concerns. "Regulators could have posted a lot more guidance for crypto," said Brian Fakhoury at crypto venture capital fund Mechanism Capital. India's Finance Minister Nirmala Sitharaman said the collapse of FTX underscored the need for greater visibility on often-anonymous crypto transactions. The FTX collapse "shows the importance of a well-framed regulation," Sitharaman said, "so that countries can be clearly aware of by whom, for what for these transactions are happening.

NEW YORK, Nov 30 (Reuters) - The volatility and market uncertainty have hit the initial offerings market hard, driving down proceeds by 93% this year, Lynn Martin, president of the New York Stock Exchange said on Wednesday. "There is a lot of uncertainty and there's a lot of different forces that are impacting markets," said Martin during an interview at the Reuters NEXT conference. Martin said companies "very much want to go public," but they are just all waiting for the volatility in the market to calm down. She also spoke about the collapse of crypto exchange FTX, pointing out FTX lacked a central counterparty for clearing its trades, which is why their bankruptcy is "a bit murky." "The FTX situation may have added a layer of complexity to to the crypto markets in general," Martin said.

☆ Grindr shares soar in post-SPAC debut as advocates weigh progress of LGBTQ inclusion within finance world
▼ + stars: | 2022-11-18 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

The group of performers, some known for appearances on the competition show "RuPaul's Drag Race," performed on a rainbow stage set in the front of the New York Stock Exchange. It was part of a celebration of LGBTQ dating app Grindr's public-markets debut following a merger with blank-check company Tiga Acquisition. The New York Stock Exchange was lined with rainbow markers and pride flags in recognition of the event. Before the opening bell, New York Stock Exchange President Lynn Martin spoke about the importance of an LGBTQ-centered company's place in the equities market. watch now'The power of the app'The excitement around Grindr's debut does not diminish the difficulties of the current bear market.

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