Companies grew more confident about initial public offerings in 2023, raising recovery hopes ...Middle East

NEW YORK (AP) — The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024. Be cautious owning tech stocks in 2024 | Smart Investing Overall, 108 initial public offerings raised proceeds of about $19.4 billion in 2023, according to Renaissance Capital. That’s up from a dismal 71 IPOs for proceeds of $7.7 billion in 2022, when high inflation and rising interest rates discouraged companies from hitting the market. This year’s big IPOs included healthcare products company Kenvue in May, U.K. chip designer Arm Holdings in September and footwear company Birkenstock in O

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Companies grew more confident about initial public offerings in 2023, raising recovery hopes ...Middle East

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