September saw several IPO debuts such as Instacart (CART), Klaviyo (KVYO), and Arm Holdings (ARM). German shoe brand Birkenstock is the latest company to celebrate its IPO. Barrett Daniels, co-leader of U.S. IPO services at Deloitte LLP, joins Yahoo Finance Live to discuss the state of the IPO market.
“I don’t see the surge that I was hoping for, say, a few months ago, but I definitely see momentum and I definitely think things are moving in the right direction,” Daniels says. “It feels pretty clear that the worst is behind us at this point.”
“If you’re a company on the fringes, I’m not sure the results here have been particularly compelling lately,” Daniels adds.
For more expert insights and the latest market activity, click here to watch this full episode of Yahoo Finance Live.
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