- The US IPO market entered its typical August pause while major tech firms like Anthropic and OpenAI prepared for potential fourth-quarter public listings.
- Defense contractor Lyntris priced below its range and fell 10 % during a broader sell-off in defense stocks.
- The Renaissance IPO Index dropped 4.7 % amid bond-market volatility and steep declines in select stocks like Klarna, contrasting with gains in firms such as Tempus AI.