Several companies such as Stubhub have suspended the IPOs on the stock market, and the merger activity has slowed down the continuation of the taxation by President Trump of world prices, fueling uncertainty on the American supply markets.
The first public offers involving Stubhub, Klarna, Etoro, Chime, Circle and Medline were all deferred while these companies sail in a provisional period after the American taxation of “Liberation Day”, which sparked reprisal measures and stirred the fears of a world trade war.
Stubhub, the company market company, said it had interrupted its IPO plans but has filed an S-1 registration with the SEC and argues that it is well placed for a future list. The company aims to carry out the public offer as soon as the market conditions allow.
Stubhub considers the current market environment to be very volatile, with significant uncertainty surrounding future political decisions by President Trump and how the markets can react. The company maintains that significant IPO activity is unlikely until the conditions stabilize, although the moment of such a change remains uncertain.
The activity of mergers and acquisitions in the United States also slowed down in the first quarter, under pressure by a reference rate rate of 10%, the potential for new import rights and an interest rate of 4.5% constantly high since December.
“In this case, there is an attitude of break and waiting in the United States, which is reflected by the IPOs which were interrupted at the last moment,” KPMG’s private enterprise told Global Finance.
“In the same vein, we see a little slowdown in the world of mergers and acquisitions, once again because of uncertainty. However, large mergers and acquisitions have still progressed,” he said. “There is an increased degree of emotional uncertainty that takes place that slows things down a bit.”
Chadwick noted that even if he could not talk about the details of sole proprietorships, most of them are looking for greater clarity on how the world markets will finally stabilize. He added: “Once we have more clarity, we will start to see more activity – once the price and the tax framework in the United States and the globe is more clearly understood.”
The current impasse is that many analysts feared: that the development of Trump’s impulsive policies could become an important side for the IPO and M&A markets in the United States.