Absence of IPOs Hits 10 Weeks

It's official: The U.S. IPO market has seized up completely, with a record-setting stretch of inactivity that began in August.

It's been 10 weeks since a company has held an initial public offering in the U.S., the longest period on record since Thomson Reuters began tracking deals in 1980. The last deal occurred on Aug. 8, when Rackspace Hosting Inc. made its debut on the New York Stock Exchange.

If the vacuum continues throughout October, it will mark the first consecutive two-month period without an IPO in the U.S. since Thomson Reuters began keeping track. ...