The secondary markets have been volatile lately, which is why the demand for IPOs has been slow, he added. “Investors see attractive buying opportunities in select listed stocks, so there have to be compelling reasons to look at a new stock.”
Berkshire Hathaway shares slide after earnings, CEO letter
Berkshire Hathaway shares experienced their largest drop since Warren Buffett’s CEO succession announcement, as financial results missed analyst expectations. The conglomerate’s fourth-quarter operating profit fell