Reuters: IPOX® VP Kat Liu on ARKO Petroleum’s Nasdaq Debut and Market Volatility

Shares of ARKO Petroleum (Nasdaq: ARKO) experienced an initial 1.4% decline during their market debut on Thursday, resulting in a valuation of approximately $808 million. The company, a fuel distribution spin-off from convenience store operator ARKO Corp, priced its upsized offering at $18 per share but opened at $17.75 as investors continue to show caution toward new listings amid broader market volatility.

The article highlights a growing trend of "pent-up demand" for IPOs in 2026, even as recent listings like York Space Systems and Ethos Technologies struggle to remain above their initial offer prices. This climate of uncertainty has led to increased scrutiny of new stocks, particularly in sectors recently affected by tech and data-services fluctuations.

IPOX® Vice President Kat Liu provided expert commentary on the cautious sentiment currently pervading the IPO landscape. She noted that the underwhelming performance of recent debuts has fundamentally altered how investors are approaching new deals.

"In the current environment, where volatility remains elevated and many IPOs have struggled to hold above their offer price, investors are definitely approaching deals with caution."

Read the full article by Pragyan Kalita and Pritam Biswas on Reuters: ARKO Petroleum valued at $808 million after shares fall in Nasdaq debut