The volatility that hit the international stock market in the first two months of 2016 didn't spare Wall Street either. Also suffering from the slowdown in price lists are the innocent newly listed companies, hit by declines at their debut.
According to calculations by the Wall Street Journal, more than 70% of the approximately 175 companies that made their debut on the American stock exchange in 2015 are currently trading at prices below the placement price and, on average, the shares are down by approximately 20%. Among the major companies that were listed last year, nine out of ten travel below the debut price, the shares lose an average of about 25%.
In this context, it is not surprising that there is a slowdown in requests for new listings: at the end of 2015 various companies had planned to land on Wall Street within a few months, but then decided to postpone it: in January there were no new IPOs and so far in February there were only four listings.
