Uber and Lyft may have had rocky debuts, but the boom in initial public offerings will continue, cheering many on Wall Street. At the start of 2019, IPO activity ground to a halt because of December’s market volatility and the Federal government shutdown, which made it impossible to register new offerings with the Securities and Exchange Commission. But activity has come roaring back since March, including the long-anticipated offerings of the ride-sharing duo and of the photo site Pinterest. With over $15 billion raised,...

Source: Wall Street Journal May 19, 2019 14:03 UTC