While the U.S. saw a precipitous decline in IPO activity last year, there could be a silver lining in the near term for companies waiting on the sidelines, according to an EY report on global IPO trends.
Why it matters: IPO activity in the Americas sank to a 13-year-low by volume and a 20-year-low by value after 2021’s hot streak, effectively shutting one exit option for investors.