Eighteen IPOs raised a combined $5.3 billion in April, according to Renaissance Capital, the busiest month since November 2021.
The Viking Holdings Ltd . IPO, which starts trading today on the New York Stock Exchange, will be the biggest IPO of 2024 so far. The deal was upsized several times. Bermuda-based Viking was originally seeking to sell 44 million shares, then raised that to 53 million, finally settling on 64 million shares at $24, the high end of the price talk of $21-$25. At that price, the cruise line raised $1.54 billion. Viking is only the biggest in a month of standouts. Eighteen IPOs raised a combined $5.
The Renaissance Capital IPO ETF , a basket of roughly 60 companies that have gone public in the past two years, dropped 10% in April, but much of the decline in that ETF came from older IPOs such as Kenvue , Coinbase , and Roblox . All of the larger, most recent IPOs remain above their initial offering price. Recent IPOs Astera Labs + 135.4% Loar Holdings + 86.9% Reddit + 30.7% UL Solutions + 25.4% Centuri + 17.9% Ibotta + 16.2% Rubrik + 0.
Stock Markets Investment Strategy Viking Holdings Ltd Renaissance IPO ETF Kenvue Inc Coinbase Global Inc Roblox Corp Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cruise operator Viking prices IPO within range to raise $1.54 billionCruise operator Viking prices IPO within range to raise $1.54 billion
Read more »
Rubrik prices IPO at $32 per share, above the expected rangeRubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
Read more »
Rubrik prices IPO at $32 per share, above expected rangeRubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
Read more »
Rubrik prices IPO at $32 per share, above expected rangeRubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
Read more »
ANALYSIS Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroadChinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the floundering economy's recovery.
Read more »
There are green shoots appearing in the IPO market. Here are the stocks to watch going public soonThe broad market is just off new highs and three $100 million IPOs have filed to go public in the past week, including Viking cruise line.
Read more »