Trending Now :

In Search of the Next Asset Bubble Biggest Financial Crimes: Washington Mutual Financial Scandal Re-Drafting the 2023 IPO Class The Interest-Free Installments Economy FICO Scoring Models: Explained Fed Holds Off on Rate Hike Rise of the Global Middle Class: Opportunities and Challenges Protect Yourself from Financial Scams Money Motivators Mortgage Rate Buydown What Does the Hot Inflation Report Mean for the Housing Market How Do You Build Wealth: Invest in Yourself Times Up for Programmed Money Biggest Financial Crimes: Countrywide Quantitative Tightening, Inflation, & More The Stock Market Is On Sale Investors Need to Netflix and Chill Credit Card Fixed-Interest Loans: Explained Are You Money Smart? Build Your Credit for Free Filing Your Taxes in 2022 Credit Cards that Offer 2% Cashback on All Purchases Navient Ordered to Cancel Student Loans U.S. Mortgage Interest Rates Soaring Two Big Banks Cut Overdraft Fees 2022 IPO DRAFT CLASS: Ranking the Top 10 Prospects Re-Drafting the 2021 IPO Draft All You Need to Know about Buy Now Pay Later companies Credit Card Sign-Up Bonus or SUB The Best Credit Card for the Middle-Class Make An All-cash Offer with No Cash Capitalism Always Ignores Politics All You Need to Know about the Financial crisis of 2007-2008 American Families Face Serious Rent Burden Savings Is An Expense You Can’t Build Generational Wealth If You Are Broke IT’S OFFICIAL: Robinhood is a Meme Stock All You Need to Know About Biden Mortgage Modifications & Payment Reductions Apple Card 2nd Year Anniversary: Should You Get It Now Wells Fargo to Pull Customers Personal Lines of Credit The Rise of Individual Investors The US Housing Market Is Booming. Is a Crash Ahead? Financial Literacy: How to Be Smart with Your Money Non-Fungible Token (NFT):EXPLAINED SKYROCKETED CEO PAY & LONG LINES AT FOOD BANKS Amazon Workers Want to Unionize Another Major City Piloted Universal Basic Income The New Bubble: SPACs SUBMIT YOUR PPP ROUND 2 APPLICATION BEFORE MARCH 31ST Robinhood-GameStop Hearing & Payment for Order Flow Guess Who’s Coming to Main Street Democratic Senators Say No to $15 Minimum Wage BEZOS OUT! President Biden Most Impressive Act Went Unnoticed: CFPB Biden $1.9 Trillion Stimulus Package 2021 IPO DRAFT CLASS: Ranking the Top 10 Prospects $25 Billion Emergency Rental Assistance NO, TESLA IS NOT WORTH MORE THAN TOYOTA, VOLKSWAGEN, HYUNDAI, GM, AND FORD PUT TOGETHER AMAZON TO HAND OUT ITS WORKERS $300 HOLIDAY BONUS Where Does the American Middle-class stand on Student Debt Relief? Joe Biden’s Economic Plan Explained 4 TYPES OF BAD CREDIT REPORTS AND HOW TO FIX THEM What Is the Proper Approach to Not Buy Too Much House? FISCAL STIMULUS PLANS STILL IN ACTION How to Pick Investments for Your 401(k) 10 Simple Ways to Manage Your Money Better All You Need to Know about Reverse Mortgage All You Need to Know about Wholesale Real Estate Credit card Teaser Rates AVERAGE CREDIT CARD INTEREST RATE SURGES TO 20.5 Percent Trump Signs 4 Executive Orders for Coronavirus Economic Relief The Worst American Economy in History WHY CREDIT CARDS MINIMUM PAYMENTS ARE SO LOW? 10 BIGGEST COMPANIES IN AMERICA AND WHO OWNS THEM White House Wants to End the Extra $600-A-Week Unemployment  10 Countries That Penalize Savers FEWER CREDIT CARD BALANCE-TRANSFER OFFERS ARE IN YOUR MAILBOX Private Payrolls and the Unemployment Rate SHOULD YOU BUY INTO THE HOUSING MARKET RESILIENCY? WILL WE GET A SECOND STIMULUS CHECK The Child Tax Credit and Earned Income Tax Credit THE RETURN OF BUSINESS CYCLES Should You Request a Participant Loan or an Early 401(k) Withdrawal? Homebuyers Should Not Worry about Strict Mortgage Borrowing Standards The Potential Unintended Consequences of Mortgage Forbearance All Business Owners Need to Know about the Paycheck Protection Program 10 MILLION UNEMPLOYMENT CLAIMS IN TWO WEEKS HOW WILL THE GLOBAL MIDDLE-CLASS RECOVER FROM A SECOND ECONOMIC RECESSION IN A DECADE? WILL U.S. CONSUMERS CONTINUE TO SPEND? HOW’S YOUR 401(k) PRESIDENT TRUMP SIGNS $2.2 TRILLION CORONAVIRUS STIMULUS BILL MIDDLE-CLASS NIGHTMARE: MORE THAN 3.3 AMERICAN FILED FOR UNEMPLOYMENT CLAIMS IN THE US LAST WEEK. LAWMAKERS AGREED ON $2 TRILLION CORONAVIRUS STIMULUS DEAL CORONAVIRUS STIMULUS PACKAGE FAILED AGAIN IN THE SENATE APRIL 15 (TAX DAY) DELAYED DEMOCRATS AND REPUBLICANS DIFFER ON HOW $2 TRILLION OF YOUR TAX MONEY SHOULD BE SPENT YOU CAN DELAY MORTGAGE PAYMENTS UP TO 1 YEAR, BUT SHOULD YOU? 110 Million American Consumers Could See Their Credit Scores Change The Middle-Class Needs to Support Elizabeth Warren’s Bankruptcy Plan The SECURE Act & Stretch IRA: 5 Key Retirement Changes 5 Best Blue-chip Dividend Stocks for 2020 9 Common Bankruptcy Myths 401(K) BLUNDERS TO AVOID Government Policies Built and Destroyed America’s Middle-Class & JCPenney Elijah E. Cummings, Esteemed Democrat Who Led the Impeachment Inquiry into Trump, Dies at 68 12 Candidates One-stage: Who Championed Middle-Class Policies the Most WeWork: From Roadshow to Bankruptcy Stand with the United Auto Workers Formal impeachment Inquiry into President Donald Trump America Is Still a Middle-Class Country SAUDI OIL ATTACKS: All YOU NEED TO KNOW THE FEDERAL RESERVE ABOLISHED BUSINESS CYCLES AUTO WORKERS GO ON STRIKE Saudi Attacks Send Oil Prices Spiraling REMEMBERING 9/11 What to Expect from the 116th Congress after Their August Recess Should You Accept the Pain of Trump’s Trade War? 45th G7 Summit-President Macron Leads Summit No More Upper-Class Tax Cuts Mr. President! APPLE CARD IS HERE-SHOULD YOU APPLY? THE GIG ECONOMY CREATES A PERMANENT UNDERCLASS 5 REASONS IT’S SO HARD FOR LOW-INCOME INDIVIDUALS TO MOVE UP TO THE MIDDLE CLASS ARE YOU PART OF THE MIDDLE CLASS? USE THIS CALCULATOR TO FIND OUT? WELLS FARGO IS A DANGER TO THE MIDDLE CLASS The Financialization of Everything Is Killing the Middle Class
Re-Drafting 2023 IPO Class
Stock News

Re-Drafting the 2023 IPO Class

The estimated reading time for this post is 147 seconds

The Initial Public Offering (IPO) market is a significant barometer for economic health and investor sentiment. 

As we approach the end of 2023, a reflective analysis of the U.S. IPO landscape reveals a story of caution, recalibration, and evolving strategies amid a challenging economic environment.

Instacart (CART), the grocery delivery company, was the only company from our top 2023 Most Anticipated IPOs that went public last year. It priced its IPO at $30 a piece and opened on the Nasdaq at $42 per share on September 19, 2023. The stock closed at $23.47 on the final day of trading.  

Market Overview

One hundred fifty-four companies went public last year, marking a 13.97% decline from 2022, which saw 179 IPOs. 

This reduction is not merely a numerical dip but a reflection of more profound market sentiments and strategic rethinking among potential market entrants.

Factors Influencing the IPO Slowdown

Several key factors have contributed to this cautious approach towards IPOs in 2023:

Market Selectivity: The current market landscape has bifurcated companies into two distinct categories – the ‘bad’ companies that cannot go public and the ‘good’ companies that choose not to, given the unfavorable market conditions. This polarization underscores a growing emphasis on quality and long-term viability in the IPO process.

Stock Market Performance: October 2023 was notably challenging for stocks, with a significant downturn that instilled a sense of caution among potential IPO candidates. This poor performance has caused a lingering effect, causing companies to reassess their public offering strategies.

Interest Rate Environment: The era of ‘higher-for-longer’ interest rates has added a layer of complexity to the IPO equation. The cost of borrowing and the resulting impact on investor returns have become critical considerations, influencing both the timing and the feasibility of going public.

After-Market Performances: The recent cohort of IPOs, particularly those from the summer of 2023, have shown underwhelming after-market performances. This trend has not gone unnoticed, as prospective IPO candidates are wary of similar outcomes, impacting their decision-making process.

Valuation Concerns: The prospect of dramatically lower valuations in the current market has been a deterrent. A company’s valuation at its IPO is pivotal, not just for immediate financial gain but also for its long-term market reputation and investor relations.

FMC’s 2023 IPO DRAFT CLASS: Best Undrafted Company

Arm, the British chip designer, was one of the most valuable companies that went public in nearly two years. 

It priced its IPO at $51 a piece and opened on the Nasdaq at $56.10 per share on September 19, 2023. The stock closed at $75.14 on the final day of trading.  


Last year, the U.S. IPO market navigated through a phase of recalibration. Companies increasingly scrutinized the timing, necessity, and potential outcomes of going public. 

While leading to a decline in IPO numbers, this cautious approach is a strategic maneuver, ensuring that only robust, well-prepared companies venture into the public domain. 

Last year’s unique challenges and insights were a crucial chapter in the ongoing story of the U.S. stock market and its IPO endeavors.


Senior Accounting & Finance Professional|Lifehacker|Amateur Oenophile

Continue Reading
Click to comment

Leave Comment

American Middle Class / Jul 20, 2024

In Search of the Next Asset Bubble

The estimated reading time for this post is 308 seconds From Dot-com to U.S. Housing...

Fraud & Financial Crimes / Jul 16, 2024

Biggest Financial Crimes: Washington Mutual Financial Scandal

The estimated reading time for this post is 249 seconds Biggest Financial Crimes: Washington Mutual...

American Middle Class / Jul 16, 2024

How Much is a Mortgage on a $700,000 House

The estimated reading time for this post is 193 seconds As of mid-2024, the housing...