Hear.com Postpones IPO Because of Choppy Stock Market | Sidnaz Blog

Traders on the floor of the New York Stock Exchange. Hear.com is the latest company to delay an IPO.



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Nicole Pereira/Associated Press

Hearing-care services provider Hear.com N.V. has postponed its initial public offering due to the choppy stock market, according to people familiar with the matter, the latest company to delay its IPO.

Hear.com was set to price its offering Thursday afternoon and start trading Friday morning. Its timeline is now in flux, the people said. On Wednesday, private mortgage-insurance company Enact Holdings Inc. decided to delay its IPO. The company said Thursday that recent market volatility meant that “current market pricing for the planned offering does not accurately reflect Enact’s value.”

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