Turo, a car rental start-up, has postponed its plan to go public as the stock market remains volatile.
Investors anticipated a wave of initial public offerings (IPOs) under President Trump's administration, but regulatory changes and uncertainty have impacted the IPO calendar.
Despite the challenging market conditions, public offerings so far this year have exceeded last year's pace.
The Chinese artificial intelligence app, DeepSeek, and worsening inflation have also contributed to market jitters.