IPOs Down 53% Year-Over-Year

IPOs Down 53% Year-Over-Year by Andrew Birstingl, Research Analyst, FactSet

Activity in the IPO market picked up in Q2 after a period of stagnation in Q1, but it is far from booming. The number of companies going public on United States exchanges in Q2 2016 was 32, representing a 53% decline from Q2 2015. This marked the lowest second quarter count of initial public offerings since Q2 2009, when there were 14 IPOs (Q2 2012 also had 32 IPOs). The number of IPOs in the first half of the year was 39, which represented the slowest start to a year in terms of IPO volume since 2009; when 16 firms went public during the first two quarters.