Klarna, Figure, Gemini lead US IPO market to biggest week since 2021
The post Klarna, Figure, Gemini lead US IPO market to biggest week since 2021 appeared on BitcoinEthereumNews.com. The US initial public offering (IPO) market was the busiest it has ever been since 2021, as six big deals raised more than $4 billion over the week. This surge in activity is a welcome change of pace after a slowdown earlier in the year due to market volatility influenced by Trump’s tariff policies. The week’s success is also proof of renewed investor appetite for tech, fintech, and crypto-related listings. Klarna, Figure, and Gemini led the charge Some of the notable IPOs involved Klarna, Figure, Gemini, Legence, Black Rock Coffee Bar, and Via Transportation. Among the newcomers are significant players in various sectors, showcasing a diverse range of industries entering the public market. The lineup was much broader than expected, spanning industries and testing the waters for a potential fall IPO boom. Among the six IPOs, five were worth at least $290 million, priced above their marketed ranges. However, their performances post-listing have not been as positive. Nevertheless, Wall Street analysts have called this a sign of healthy skepticism among investors, which they say bodes well for the market going forward. Klarna has since inched toward its offering price, while Figure Technology Solutions Inc. ended its second day of trading near a high hit in the opening minutes of its debut. Among the four listings from Friday, Gemini Space Station Inc. has soared, while Blackstone-backed Legence Corp. and Via Transportation Inc. have been left with at best modest gains after opening below their IPO prices. This week’s set of deals is being considered as a gauge for how active the stock market is getting, and the results are mixed. All the IPOs witnessed strong demand in the formal marketing process before trading began, with many selling bigger stakes than they had initially offered. Despite rough starts, analysts claim things have…
The post Klarna, Figure, Gemini lead US IPO market to biggest week since 2021 appeared on BitcoinEthereumNews.com.
The US initial public offering (IPO) market was the busiest it has ever been since 2021, as six big deals raised more than $4 billion over the week. This surge in activity is a welcome change of pace after a slowdown earlier in the year due to market volatility influenced by Trump’s tariff policies. The week’s success is also proof of renewed investor appetite for tech, fintech, and crypto-related listings. Klarna, Figure, and Gemini led the charge Some of the notable IPOs involved Klarna, Figure, Gemini, Legence, Black Rock Coffee Bar, and Via Transportation. Among the newcomers are significant players in various sectors, showcasing a diverse range of industries entering the public market. The lineup was much broader than expected, spanning industries and testing the waters for a potential fall IPO boom. Among the six IPOs, five were worth at least $290 million, priced above their marketed ranges. However, their performances post-listing have not been as positive. Nevertheless, Wall Street analysts have called this a sign of healthy skepticism among investors, which they say bodes well for the market going forward. Klarna has since inched toward its offering price, while Figure Technology Solutions Inc. ended its second day of trading near a high hit in the opening minutes of its debut. Among the four listings from Friday, Gemini Space Station Inc. has soared, while Blackstone-backed Legence Corp. and Via Transportation Inc. have been left with at best modest gains after opening below their IPO prices. This week’s set of deals is being considered as a gauge for how active the stock market is getting, and the results are mixed. All the IPOs witnessed strong demand in the formal marketing process before trading began, with many selling bigger stakes than they had initially offered. Despite rough starts, analysts claim things have…
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