BusinessBusiness

US IPO Market In The Doldrums

Market research firm Thompson Financial released figures Friday that show that just 10 companies completed IPO's in the States in January and February, raising $2.46bn. The two month deal volume is the lowest since 1991 and the actual deal numbers for a two month period are the lowest since 1979.

Commentators expect the IPO market to continue to be tough for several more months.

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