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NYSE Losing Ground in Battle for Major IPOs

Wall Street Journal Markets •
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Anthropic is expected to bring the Nasdaq another blockbuster listing, following SpaceX. And the Texas Stock Exchange is also emerging as a threat.

The NYSE is getting trounced in the battle for Wall Street’s biggest IPOs. Nasdaq has secured high-profile listings including SpaceX and is now poised to welcome Anthropic, further widening the gap between the two exchanges.

Meanwhile, the Texas Stock Exchange is also emerging as a competitive threat, adding pressure on the NYSE to retain its position as the premier venue for major public offerings.

Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing