Tech Offerings Slammed in Rocky I.P.O. Market

With a batch of scuttled I.P.O.’s this summer adding to the void, the market for initial public offerings has slowed down this year in the face of rising interest rates, record oil prices and geopolitical jitters.

Once the darling of the I.P.O. market, the tech sector has been particularly hard-hit after the lackluster debut of Vonage. Most attempts by tech firms since Vonage have either been pulled or heavily discounted, such as last week’s I.P.O. from Qimonda.