Goldman Sachs (GS) CEO says there are headwinds for smaller IPOs, speaking to CNBC
Newsquawk Staff ·
- They have a chance for the next couple of years to run at a higher base growth rate.
- We are positioned to run at a higher-based growth rate.
What it means
Goldman Sachs' CEO indicated potential challenges for smaller IPOs, suggesting a cautious outlook for this segment of the market. However, he noted that the firm is positioned to achieve a higher-based growth rate, which could bolster investor confidence in their broader strategy. This dual narrative will likely influence investor sentiment around both Goldman Sachs and the IPO landscape in general, particularly as it relates to capital market activities in the near term.
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