The Financial Times reports a growing sentiment that European companies should prioritize domestic listings over the traditional US IPO route. US exchanges are no longer the automatic default for major corporate offerings, according to industry analysis. This shift reflects evolving market dynamics where proximity to investors and analysts matters more than historical precedent. Europe offers advantages like deeper local investor pools and potentially faster regulatory approvals, making it increasingly attractive for companies seeking to list. The trend challenges decades-old norms where US markets were the primary destination for global IPOs.