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WEKU
WEKU
David Gura

What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy

After a long lull since 2021, companies from Birkenstock to Instacart are pursuing IPOs. First up is Arm Holdings, a designer of chips, which is making its market debut on Thursday. (Johannes Eisele/AFP via Getty Images)

Here's another sign of growing confidence in the stock market and the broader U.S. economy: Companies from Birkenstock to Instacart are getting ready to go public through IPOs after a long lull in high-profile listings.

First up is chip designer Arm Holdings, which is set to make its debut on the Nasdaq on Thursday. It priced its shares at $51 each at its initial public offering, which would value the company at almost $55 billion.

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