Ringing of the opening bell at the New York Stock Exchange.

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Companies aim to raise $5.1bn this week amid heightened market volatility

IPOs

Reporter

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Initial public offerings this week are set to raise a combined $5.1bn, the most for any week to date this year, according to Renaissance Capital.

The flurry of activity comes amid heightened market volatility. On 24 July, the S&P 500 and Nasdaq each notched their worst one-day percentage declines since 2022.

IPOs line up in Wall Street’s busiest week of 2024

Janet H Cho

Finance

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