What CFOs can do about small- and mid-cap valuation gaps

Moira Conlon writes for CFO Magazine: "Small- and mid-cap companies are fighting for attention in a capital market crowded with mega-cap growth stories, private-market alternatives and heavily marketed investment products."

At the height of the public markets, there were roughly 8,000 publicly listed companies in the U.S. Today, there are
fewer than 4,000, as private equity and private credit have made it easier for companies to stay private longer by accessing capital outside the public markets. Fewer public companies should, in theory, make it easier for small- and mid-cap companies to attract capital, coverage and investor interest. Instead, many are underfollowed, underowned and struggling to get credit for their performance.