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Cava’s Market Debut, CRE Lending Opportunities, and The Black Swan 6/15/23

The Exchange

00:00

The Slowest IPO Market Since the Financial Crisis

Kava Group opened well above expectations at $42 a share versus its $22 offering price. Dan Premak: The last 18 months have marked the slowest IPO market since the financial crisis. Leslie Pickers: I think IPO bankers are ringing off the phone today. Justine Harmon: What do you think Chair Powell is thinking about this?

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