In today’s episode of the 24/7 Wall St. podcast, Lee Jackson and Doug McInytyre discuss the thawing of the IPO market. With Reddit (NYSE: RDDT), Birkenstock (NYSE:BIRK), and Astera Labs (Nasdaq: ALAB) going public, and Trump Media & Technology Group (NYSE: DJT) de-SPACing, it appears the boom times may be back.
But, there has been so much early volatility in these stocks, with big pops, drops, and recoveries for all of them that it’s hard to tell. If these first few IPOs don’t perform well consistently, it may put a chill back on the market for new companies and close the doors to new IPOs for a while.
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