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Nasdaq Official Says IPOs Delayed Amid Market Turmoil

COO Friedman says several companies have delayed plans to go public.

By John Detrixhe, Bloomberg | Updated on January 20, 2016

Nasdaq Inc.’s chief operating officer said several companies seeking to access public markets this month have delayed their plans as plunging stock prices have brought global equities close to a bear market.

“We are seeing them pushed back,” Nasdaq COO Adena Friedman said in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland. “They know that there’s investor demand in a normal market environment. The question is whether there’s demand in this type of market.”

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