From Wall Street Journal:



Nasdaq is set to surpass the New York Stock Exchange in initial public offerings in 2023 for the fifth consecutive year, showing a trend of the once-dominant NYSE falling behind its rival. IPOs at Nasdaq have raised $13.6 billion compared with $10.4 billion for new listings at the NYSE, according to data from Dealogic.

The data suggests that Nasdaq is gaining an edge in attracting companies to go public, potentially due to factors such as technology and growth-oriented companies being more attracted to listing on Nasdaq. This trend reflects a shift in the IPO landscape and the ongoing competition between the two major stock exchanges.

Overall, Nasdaq’s strong performance in IPOs compared to the NYSE positions it as a top choice for companies seeking to go public, with the data indicating a consistent trend of Nasdaq outpacing its rival in this aspect.



Read more: Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row