NYSE Vice-chair: Strong Potential IPO Pipeline Expected in 2024

IPO activity expected to rebound in 2024 as borrowing costs ease

Initial public offering (IPO) activity is predicted to make a strong comeback in 2024 as borrowing costs decrease and equity markets stabilize, according to the vice-chair of the New York Stock Exchange (NYSE). In an interview ahead of the World Economic Forum’s annual meeting in Davos, John Tuttle expressed confidence in a robust pipeline of IPOs spanning various sectors and geographic regions. Tuttle noted that the key challenge was finding the right timing when both investors are hungry for such companies and the companies themselves are prepared to go public.