Jamie Dimon voices concerns about shrinking stock market

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The number of publicly traded companies in the United States has been shrinking in recent years, causing concern among business leaders such as Jamie Dimon. At its peak in 1996, there were 7,300 publicly traded companies, but today there are only about 4,300. This trend is due to companies choosing to stay private, largely outside of public scrutiny. Private equity firms have contributed to this decline in publicly listed companies, with private companies backed by PE firms in the US growing from 1,900 to 11,200 over the last two decades. Dimon warns that if changes aren’t made soon to incentivize companies to go public, the problem will only worsen.

https://globeecho.com/jamie-dimon-voices-concerns-about-shrinking-stock-market/