CRSP US Total Market Index includes most of the new IPOs within five trading days of listing. This new report looks at the trends in IPOs and their impact on CRSP Market Indexes.
Notable items with this release include:
- The total capitalization of the new issues 76.5% lower than Q3’23, and 46% lower than Q2’24
- The number of new issues in Q3’24 is reduced comparing to Q2’24 and matches the numbers seen in late 2020
- The number of De-SPACs exceeds the number of IPOs contributing to the new issues in Q3’24