Wall Street IPO Activity Slumps to November Lows

US IPOs are drying up in November as regulatory delays and risk aversion push listings to 2026.

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Wall Street IPO Activity Slumps to November Lows

Wall Street IPO Activity Slumps to November Lows
The US IPO market is cooling dramatically, with November on track to be its slowest month in 2025. Investor caution and a backlog of SEC registration statements are delaying many big-tech listings, pushing their debut into 2026. 
This slowdown reflects rising risk aversion and regulatory frictions, dampening momentum for companies that had hoped to tap public markets before year-end.
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  • ipo
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