The tentative re-opening of the IPO window is already swinging in the direction of being closed once more.
With the general public inventory markets in a freefall after President Trump introduced sweeping tariffs, two of the tech business’s extremely anticipated IPOs are hitting pause, The Wall Street Journal reports: Klarna and StubHub.
Each fintech Klarna and ticket marketplace StubHub launched public paperwork for IPOs final month, every hoping to raise at least $1 billion of their debuts.
Each had been set to launch their highway exhibits subsequent week, speaking to potential buyers about their IPO, however determined to postpone, sources advised the WSJ.
Each Klarna and StubHub declined to remark when reached by TechCrunch.
In Transient,Klarna,stubhub
Add comment