Homebuilder's Strong Debut Brings Needed Win in Tepid US IPO Market

(Bloomberg) -- Smith Douglas Homes Corp. rallied during its Thursday debut to deliver a much-needed boost to the nascent market for initial public offerings after one of the worst years for US exchanges since the 2008 financial crisis.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Assistant, EngineeringSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughThese Are the World’s Most Powerful Passports in 2024US Inflation Picks Up, Signaling Bumpy Path for FedWhite House Throws S

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