- The total value of global M&A fell 35.8% year over year to nearly $3 trillion, and the number of IPOs dropped 48.7%, per S&P’s Global Q4 2022 M&A and Equity Offerings report. Company valuations and market volatility were impacted by a mix of increased interest rates and a concerned macroeconomic outlook.
Link: M&A, IPO activity fell throughout 2022 | Retail Dive
Rick’s Take
- This is why the financial stocks are getting killed, or will this year (layoffs etc)
- 86% year over year drop in unicorn valuations.
Ouch.