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Zenger
Zenger
Business
Shanthi Rexaline

Stock Market Rebound Drives U.S. IPO Market Recovery, Tech Sector Struggles

As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022. CFOTO/GETTY IMAGES

As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022.

Activity Picks Up Pace. The U.S. IPO market saw 58 offerings so far this year, up 31.8%, and total proceeds jumped 125.5% to $9.8 billion, data from Renaissance Capital showed. This compares to the 2021 full-year tally of 397 IPOs

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