Jay Ritter
Cordell Eminent Scholar Jay Ritter

Business Insider | The IPO comeback is stalling out, thanks to Trump’s tariffs

On Friday, StubHub and Klarna both announced they were putting off their planned IPOs, as Donald Trump’s tariffs sparked a huge slide in the stock market. IPO analysts at Renaissance now estimate that there could be as few as 150 deals this year, which would make 2025 the fourth straight down year for IPOs.

Research data from Jay Ritter informs this story from Business Insider. [Subscription required.]