IPO Report: IPO pipeline welcomes some profitable companies, raising hopes for a rebound

Daily Trade

The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies.

The IPO market has been limping of late, after a flurry of recent deals flopped either from day one or in the aftermarket. The market is unlikely to be lifted out of the doldrums until new issues start to climb above their IPO prices and investors start to make money again, said Ross Carmel, partner at Sichenzia…

Articles You May Like

Stock-market investors cheered end of election uncertainty. Policy uncertainty remains.
Uber may use tech from Chinese autonomous-driving company Pony AI outside the U.S.: report
It’s time now to focus on Nvidia, Treasury bonds and a bullish finish to 2024
Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand
Top Wall Street analysts are upbeat on these stocks for the long haul