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IPO market comeback: How current major US listings fared

The U.S. IPO market is anticipated to see a blowout 2025, sustained by the return of businessfriendly Donald Trump to the White Home, declining rates of interest and a. renewed riskon sentiment in equity markets.

A few of the most high-profile names that are likely to. heading this year's IPO market renewal include Swedish. payments firm Klarna, fintech giant Chime, AI-focused chip firm. Cerebras and medical supplies supplier Medline.

The efficiency of current listings is frequently viewed as a key. procedure of investor sentiment, and their success generally. encourages other companies to proceed with their offerings.

Endeavor Global LNG is the first significant listing of the. year and is set to test financier hunger for energy IPOs after. Trump pledged assistance for the industry.

Here is a summary of how a few of the biggest IPOs of recent. years have actually carried out:

ARM HOLDINGS:

The chip designer raised $4.87 billion in its offering in. September 2023, valuing it at $54.5 billion. It had sought a. evaluation of as much as $52 billion.

The business's shares rose 10% at the open on debut day. The. stock has actually gotten nearly 200% because.

INSTACART:

The San Francisco-based company, which is integrated as. Maplebear Inc, was priced at the top end of the marketed range. in its IPO. It raised $660 million at an almost $9.9 billion. evaluation in September 2023.

It had hiked its proposed price range and targeted a. appraisal of as much as $10 billion.

The grocery delivery app's stock popped 40% at the open and. is currently trading 8.2% greater.

VIKING HOLDINGS:

The cruise operator's IPO raised $1.54 billion in April last. year, valuing it at $10.35 billion. It had looked for a valuation of. as much as $10.8 billion in the offering.

Viking's shares opened 9% above their offer rate and have. surged 86% since.

STANDARDAERO:

The airplane upkeep companies notched a. evaluation of roughly $8 billion after pricing its offering above. range to raise $1.44 billion in October last year. It had. at first targeted a valuation of approximately $7.69 billion.

The Carlyle-backed company's shares started trading 29% above. the deal rate. The stock has actually fallen 13.22% because.

LINEAGE:

The freezer realty investment trust raised $4.45. billion in its listing in July 2024, at an assessment of more than. $ 18 billion. It had actually gone for a valuation as high as $19.16. billion.

The business's stock gained 5% in its Nasdaq debut at the. open. The stock has actually because fallen 25.6%.

REDDIT:

The social networks giant brought $748 million in its IPO in. March last year, which valued it at $6.4 billion-- the leading end. of the target range at which it had actually marketed.

Its stock opened 38% above the deal price, and has given that. jumped over four-fold.

BIRKENSTOCK:

The 250-year-old German sandal maker raised $1.48 billion. and was valued at $9.3 billion in its IPO in October 2023,. a little lower than its target of $10 billion.

Its shares debuted 11% below their IPO cost and have actually risen. 43% given that.

ZEEKR:

The Chinese EV maker's shares have dipped about 3% considering that. opening 24% above their IPO price on their NYSE launching.

It raised $441 million in the share sale in May in 2015,. at an appraisal of $5.5 billion, the top end of its targeted. variety.

KENVUE:

The consumer health unit of Johnson & & Johnson. brought $3.8 billion in the IPO in May 2023, and was valued at. $ 48 billion after its shares opened 16% above the deal price.

The company had initially aimed for a $43 billion price. Given that the debut, its shares have actually lost nearly 19%.

WAYSTAR:

The health care payments firm raised $968 million in its IPO. in June in 2015, valuing it at $3.7 billion. It was initially. looking for a valuation of as much as $3.8 billion.

Its shares have soared 80% because the launching. They had actually opened. 2% listed below their IPO rate.

** Note: Stock performance because debut is calculated on the. basis of the opening trade. ** Sources: Filings, LSEG, Reuters' reports.

(source: Reuters)