Wall Street dreamed of a resurgent IPO market under Trump—instead the window is firmly shut for Klarna, StubHub and other hopefuls

Quick Summary:

In 2021, the number of announced mergers exceeded 62,000 globally and publicly disclosed deal values reached $5.1 trillion, according to a PwC analysis.

The year has produced some bright spots, including Alphabet’s $32 billion deal for Wiz, a cybersecurity startup, as well as the $6 billion sale of the Boston Celtics.

As of Friday, the tech-heavy Nasdaq composite had dropped 20% from its record high in December, meaning the index is in bear market territory.

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Article Details

Author / Journalist: Luisa Beltran

Category: EconomyBusiness

Markets: United States

Topics: Wall Street Tariffs and trade IPOs Klarna NASDAQ Tech stocks Donald Trump StubHub

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 16:03:59 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 811 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 203 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27667003

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About Fortune

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Official Website: fortune.com

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Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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