Posted 1/5/2024, 7:19:00 PM
IPO Market Set for Rebound in 2024, Driven by Rate Cuts and Hot Sectors
- IPO market expected to rebound in 2024 after two slow years, with 120-170 deals raising $20B-$45B
- Key drivers include potential Fed rate cuts and strong stock performance for IPO ETFs recently
- Top IPO candidates include fast fashion retailer Shein, social media site Reddit, payments company Stripe
- Software company ServiceTitan and sports merchandise giant Fanatics also possibles
- Consumer brands like shapewear maker Skims and seltzer company Liquid Death could try their luck