Number of U.S. IPOs and U.S. IPOs with Negative Earnings

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

U.S. IPO Activity

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

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

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

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

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

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