This Could Be The Busiest Week For IPOs Since August 2000
REUTERS/Mike Segar
Of course, these IPOs are expected and could always be delayed, but as things currently stand, 25 companies are poised to make their public debut this week, notably Synchrony Financial, the credit card unit of General Electric.
In its report, the FT notes that in the current environment of rising equity prices and low volatility, companies that have been weighing a public offering are eager to come to market while equities are in favor with investors.
Last Friday, Goldman Sachs downgraded stocks for the next three months amid a risk that bond yields could rise, possibly suggesting that this ripe window for IPOs could soon be closing. At least a little bit.
This table from Renaissance Capital shows the full list of companies expected to make their debut this week.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- From terrace to table: 8 Edible plants you can grow in your home
- India fourth largest military spender globally in 2023: SIPRI report
- New study forecasts high chance of record-breaking heat and humidity in India in the coming months
- Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
- Strong domestic demand supporting India's growth: Morgan Stanley