Where Have All the IPOs Gone?
(Smart Money) — It’s getting harder to go public, and the wild market isn’t helping. Recent volatility, turmoil in Europe and funding headwinds have already taken a toll on an initial public offering market that was blossoming just two months ago. In two of the last three weeks, only two IPOs priced. Over the next few weeks, banks expect to price only three new issues per week, according to Morningstar IPO strategist Bill Buhr.