(MT Newswires) — Lynn Martin, Chairman of the New York Stock Exchange, has found that current uncertainty and volatility is causing companies to move forward with their initial public offering (IPO) plans. She highlighted the exchange’s international appeal by announcing the upcoming arrival of major companies such as Amer Sports and Flutter, illustrating the interest of global companies in the US market.
Martin addressed valuation adjustments in the private sector, noting a greater receptiveness of companies to accept revisions to their valuation to access public capital, citing the example of Reddit.
Finally, Martin observed that the ubiquitous use of technology in today’s digital age has transformed all businesses into technology companies, regardless of their industry of origin. She said the New York Stock Exchange stands out for its role as gatekeeper to the capital markets and does not consider itself to have a direct competitor.
2024-01-29 14:05:06
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