IPO Activity Up

IPO Activity

IPO’s are heating up as we are heading into 2022. As Outlined by Axios:

After being at the center of the meme stock trade, Reddit filed paperwork with the SEC for its own IPO late Wednesday. 

It’s hoping for a $15 billion-plus valuation, according to Reuters.

What to watch: A “more cautious market” next year is expected to “stabilize” the historic levels, according to a new report from Renaissance Capital.

Axios Closer
By Hope King ·Dec 16, 2021

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