U.S. IPO Investors Fatigued by Volatility Presume `Buyer Beware'

Why the Pace and Scale of IPOs Is Slowing

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The appetite for U.S. initial public offerings has all but dried up as investors wait on the sidelines for equity markets to stop flailing.

What would have been the three biggest U.S. IPOs of the year faltered as equity investors balked amid recent market volatility. In the span of about a week, Digicel Group Ltd. canceledBloomberg Terminal a sale, First Data Corp. priced shares below a marketed range and Albertsons Cos. postponed an offering.