08/03/2017
What does the shrinking pool of equities mean for investors?
One major side effect of the M&A boom and a multi-year slowdown in Initial Public Offerings (IPOs): fewer public companies. In fact, the number of U.S.-listed companies has fallen by more than 3,000 from a peak of 9,113 in 1997, according to the University of Chicago’s Center for Research in Securit...