Nasdaq announced its Capital Access Platforms division launched a new leading indicator to provide corporates and investors with an outlook for the direction of initial public offering activity with a high degree of predictability six months out. The “Nasdaq IPO Pulse Index” suggests an upswing in potential IPO activity when it is in an uptrend – it is now at its highest level since 2021 – compared to a pullback in IPO activity when the index is trending in the other direction.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NDAQ: