Nasdaq CEO hopeful IPOs will pickup again in second half

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Nasdaq CEO hopeful IPOs will pickup again in second half GlobeInvestor

This translation has been automatically generated and has not been verified for accuracy.Nasdaq Inc. is hopeful initial public offerings will pick up in the second half of 2020, but much depends on how well companies and investors emerge from the coronavirus pandemic, the head of the exchange operator said on Wednesday.

“Most companies are either just waiting for a better moment, when investors are more ready to put some risk capital to work, or they are being disrupted in their business models and they’re going to have to be able to demonstrate how they can bounce back or how resilient they are through that before investors are going to take that risk with them,” she said.Nasdaq has had 30 U.S.

No matter the direction of the market or the size of the moves, keeping the markets open is of paramount importance as it has a direct affect on investor confidence, said Friedman, who is also a board member of the New York Federal Reserve.

 

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