Improving economic fundamentals are stoking the IPO pipeline in the United States and elsewhere, according to a report issued Tuesday by the global consultant and accounting firm EY.
Eighty companies raised a total of $22 billion on U.S. exchanges during the first half of 2017, according to the report EY Global IPO Trends. That’s a sharp contrast to 2016, when uncertainty and doubt about the economy and presidential election clouded U.S. markets. In the first half of last year, EY found that 44 IPOs raised a total of just $6.96 billion in the United States.
