The Financial Revolutionist

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WSJ: Nasdaq Overtakes NYSE in Coronavirus-Era IPOs

IPO activity plummeted in March following extreme volatility which, led companies to postpone or scuttle plans to go public. Some of the IPO market is returning and in 2020, companies going public have raised $12.2 billion at Nasdaq, compared with $10.9 billion at the NYSE, according to Dealogic.

In Fintech, Shift4 Payments went public, raising $345 million through its offering and Chief Executive Jared Isaacman became the first CEO of a company doing an NYSE IPO to ring the opening bell in person since the reopening.