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A Surge in Stock Offerings

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A Surge in Stock Offerings
A view of the exterior of the Nasdaq market site in Manhattan on Oct. 24, 2016. Shannon Stapleton/Reuters
Milton Ezrati
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Commentary

A couple of weeks ago, the buzz on Wall Street centered on a new stock offering. The heretofore private electric car startup, Rivian, listed its shares on the NASDAQ exchange.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”
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