Cathie Wood: Trump's agenda will revitalize US IPOs
ChainCatcher news, ARK Invest CEO and Chief Investment Officer Cathie Wood is betting that Trump's regulatory and growth agenda will revitalize the U.S. IPO market.
She stated in an interview on Wednesday, "Regulatory reform will greatly help restore the public markets. I understand why companies want to remain private. The regulatory challenges they face when entering the public markets do create a lot of friction." After a slight rebound in new stock offerings in 2024, Wall Street has been waiting for a larger recovery in IPOs. Wood said, "What the new government is doing is changing fear with optimism. People are seriously underestimating the importance of deregulation in unleashing instincts. We are very excited about this, and our strategy will allow us to stand out in the market."