Stock market’s million little dramas come down to a supply glut

Companies have raised over $170 billion through initial public offerings on U.S. exchanges in 2021, according to data compiled by Bloomberg. IPOs are so hot they’re on track to top last year’s $180 billion haul, the most since at least the 2008 financial crisis.

from Markets-Economic Times https://ift.tt/3f8TLb4