Shelved 2019 US listings create a crowded field for next year

Shelved 2019 US listings create a crowded field for next year

New York Stock Exchange. Photo: Aditya Vyas/Unsplash

More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.

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