Nasdaq CEO Says US IPO Market Holds Firm Amid Government Shutdown

Nasdaq’s chief highlights resilience in public offerings despite ongoing federal government shutdown.

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Terms & Concepts
  • IPO (Initial Public Offering): The process by which a private company offers shares to the public for the first time, allowing it to raise capital from public investors.
  • Nasdaq: A US-based stock exchange known for hosting many technology and growth-oriented companies, and offering electronic securities trading.
  • Government Shutdown: A situation where non-essential US federal government operations cease due to a lack of funding approval by Congress.