Waystar IPO Delayed Until December or 2024.

The Waystar initial public offering (IPO) has been delayed until at least December 2023 or possibly 2024 due to the recent poor performance of IPOs and the stock market decline. Waystar, a healthcare-payments company, was expected to have a valuation in the high-single-digit billions. The decision to delay the IPO was influenced by factors such as the decline in stock market prices, comments from Federal Reserve officials about interest rates, and geopolitical tensions. This delay reflects the fragility of the U.S. IPO market, which has seen a rebound but still faces challenges. [Extracted from the article]