Report: 2015 IPO market off to a slow start

March 31, 2015 2:56 PM

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Report: 2015 IPO market off to a slow start

Initial public offerings slowed dramatically in the first quarter of 2015, cooling off after a record 2014, Renaissance Capital reported Tuesday.

In all, 34 IPOs raised $5.4 billion. The totals made the quarter the least active by total IPO count since the first quarter of 2013, and the smallest by capital raised since the third quarter of 2011, according to the Renaissance report.

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