
In a recent forecast of activity in the initial public offering (IPO) market, Renaissance Capital said a "long-awaited … rebound is here."
A spring freeze sparked by uncertainty about President Donald Trump's aggressive tariff policies quickly thawed over the summer with successful offerings from names such as crypto company Bullish (BLSH) and design software company Figma (FIG), which raised $1.1 billion and $1.2 billion, respectively.