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Goldman Sachs CEO expects IPOs to increase this year - Fox Business

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NEW YORK (Reuters) -Goldman Sachs CEO David Solomon told Fox Business on Wednesday he expects initial public offerings (IPOs) to increase this year. "IPOs have been muted over the last couple of years,
Goldman Sachs CEO David Solomon expressed optimism about the IPO market during an interview with Fox Business, indicating that he expects an increase in initial public offerings (IPOs) in 2023. He highlighted that despite a challenging 2022, where the IPO market saw a significant slowdown due to economic uncertainties, there are signs of recovery. Solomon pointed out that companies are now more prepared to go public, with better valuations and a more stable economic environment. He also mentioned that the backlog of companies waiting to go public could lead to a surge in IPO activity, especially if market conditions continue to improve. This comes at a time when investors are looking for signs of economic recovery and are eager for new investment opportunities.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/top-stocks/goldman-sachs-ceo-expects-ipos-to-increase-this-year-fox-business/ar-AA1AR0CT ]