Searching for smart, safe news you can TRUST?
Support safe, smart, REAL journalism. Sign up for our Axios AM & PM newsletters and get smarter, faster.
Searching for smart, safe news you can TRUST?
Support safe, smart, REAL journalism. Sign up for our Axios AM & PM newsletters and get smarter, faster.
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg
Fewer American investors are benefiting from this stock boom than from past runs-ups. That's because public companies are bigger but there are less of them, with fewer middle-class investors.
The Wall Street Journal has a smart look at the big decline in companies going into the publicly traded stock market. The numbers show a 33 percent drop in the past 20 years, to 6,000 companies as of June of last year.
Why it's happening:
- Big investment funds are pouring money into private companies
- A record-number of companies are going private through mergers, or getting bought
- The scrutiny and pressure of being a public company can be a drag for CEOs