IPO market braces for Omicron, US rate hike fallout

According to Pranav Haldea, the bigger threat for IPO market is the newly detected Omicron variant and the possibility of the US Federal Reserve hiking interest rate. "These will impact the secondary market which in turn will lead to a slowdown in the primary market as well", he said.

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