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

5 More Trump Stocks to Trade
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
Autonomous Vehicles: Why 2025 Will Usher in the Self-Driving Car
Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
It’s time now to focus on Nvidia, Treasury bonds and a bullish finish to 2024