There are currently no IPOs planned for the coming short holiday week. While some small foreign issuers may be added late to the calendar, the window for larger IPOs remains effectively closed until the new year.
This is the final edition of Week Ahead for 2023. Our weekly blogs will resume in the first week of January.
After a relatively subdued 2023, rumors in the public IPO pipeline and the backlog of private companies point to a recovery in the coming year. The industrial, healthcare and consumer sectors are likely to remain active, and we expect a more robust comeback from large technology IPOs.
For more information on last year's activity and what to expect in 2024, see our 2023 US IPO review.
A street search is expected for two companies, and five blocking periods are expiring. Sign up for a free trial of IPO Pro to get access to street research and lock-up periods.
IPO market snapshot
The Renaissance IPO Indices are market capitalization-weighted baskets of newly public companies. As of December 21, 2023, the Renaissance IPO Index was up 50.9% year-to-date, while the S&P 500 was up 25.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Kenvue (KVUE) and Coinbase Global (COIN). The Renaissance International IPO Index fell 17.8% year-to-date, while the ACWX gained 14.1%. Renaissance Capital's International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Kuaishou and Wise.
Comments are closed.