Number of U.S. IPOs and U.S. IPOs with Negative Earnings This chart shows the fall in new listings and the proportion of unprofitable U.S. IPOs at the highest level since the tech bubble. Image: J.P. Morgan Asset Management
FTSE Renaissance Global IPO Index and MSCI ACWI Index This chart shows that global IPOs overall have performed similarly with the overall global equity market. Image: Wells Fargo Investment Institute
The Biggest IPOs of All Time Saudi Aramco could be the world’s biggest IPO. Image: Statista
U.S. IPO Activity Chart showing the fall in new listings, while WeWork’s abandoned IPO. Image: Financial Times
S&P 500 vs. IPO Performance The chart shows how IPOs have performed since 2015. Currently, investors seem reluctant to invest in high-risk, high-growth companies. Image: Richardson GMP
Deal Value of U.S. IPOs Goldman Sachs expects $25 billion of U.S. IPOs in 2020, less than the $40 billion average since 1990. Image: Goldman Sachs Global Investment Research
Proportion of Unprofitable IPOs The proportion of unprofitable IPOs has reached 70%, the highest level since the tech bubble 20 years ago. Image: BofA Merrill Lynch
U.S. vs. China – Number of Listed Companies, IPO There are fewer firms listed on U.S. exchanges than 20 years ago. And the U.S. has also fewer listed public companies than China. Image: Financial Times
IPO Relative Performance in 2019 The IPO market is suffering in 2019. This year’s IPO class is one of the least profitable. Image: Goldman Sachs Global Investment Research
Mission Statement Level of Bullshit vs. Stock Performance from One Year Post IPO This chart suggests that the level of bullshit in the mission statement seems to be inversely correlated to the stock performance from one year after the IPO. Image: Scott Galloway