How hot or not is the stock market? Recent high-profile US IPOs: How they have performed

The surge in the equity markets, and impressive debuts by notable newcomers, have renewed interest in initial public offerings.

In the days after their debuts, the IPO price of stablecoin giant Circle and design software maker Figma peaked at 333% & 864% respectively. This shows how investors are eager to back companies that they believe will be future winners.

This is how the S&P 500 benchmark has performed against an ETF that tracks major newly-public stocks over the last year.

Here's a look at some of the largest IPOs from recent years:

FIREFLY AEROSCAPE:

Northrop Grumman's space technology firm

Upsized

Its IPO was priced above the range and raised $868.3 millions. Its stock

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Nearly 56% higher than the Nasdaq IPO price.

FIGMA:

Figma, a design software company, raised $1.22 billion through its IPO.

The first day of the month has ended

On the NYSE, a 250% gain in July was a staggering achievement.

The price of its shares is now about 6% above where it opened and 174% over the IPO.

CHIME:

Financial technology company

Priced at £

In June, the company raised $864 million through its IPO.

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The price of the IPO is nearly 22% higher than it was when it first launched.

CIRCLE INTERNET

Stablecoins raised $1.05bn in a larger IPO in early June. The company debuted with a valuation near $18bn on a fully diluted base.

The stock price closed 168% higher than the IPO. The stock price is 134% higher than its opening price.

ETORO:

eToro, the Robinhood rival, secured a valuation $5.64 billion following a 34% surge in its Nasdaq debut.

In a larger IPO, the stock and cryptocurrency trading platform raised 620 million dollars. The stock price has fallen 19% since its debut. COREWEAVE:

Although the AI cloud company's Nasdaq launch was relatively muted, its stock has nearly tripled despite having opened nearly 3% under its initial offer price.

Nvidia's company raised $1.5 billion during its initial public offering, valuing it at $23 billion when fully diluted.

VENTURE GLOBAL LNG:

In January, the liquefied gas exporter reached a valuation of $1.75 billion. This is less than half what it had originally hoped for.

In a tepid NYSE debut, the company's shares were opened at a price nearly 4% lower than their IPO. Since then, they have fallen by around 40%.

SAILPOINT:

In their Nasdaq debut the shares of identity security company Thoma Bravo, which is backed by Thoma Bravo, traded flat. This valued it at $12.80 billion. Since then, the stock has lost almost 12%.

Austin, Texas based company raised $1.38 Billion in an increased IPO.

ARM HOLDINGS

In September 2023 the chip designer raised a total of $4.87 billion, which valued it at $54.5 Billion. It sought to be valued at up to $52 billion.

Shares of the company rose by 10% at open. Since then, the stock has more that doubled.

INSTACART:

In its IPO, the San Francisco-based Maplebear company was priced at the upper end of the range. In September 2023, it raised $660m at a valuation of nearly $9.9billion.

It raised its price range proposed and targeted an evaluation of up to 10 billion dollars.

Stocks of the grocery delivery app soared 40% on opening and have since gained 14%.

VIKING HOLDINGS

In April of last year, the cruise operator raised $1.54billion in its IPO. This valued it at $10.35billion. The cruise operator had requested a valuation as high as $10.85 billion for the offering.

Viking's shares were opened at 9% over their initial offer price, and they have since more than doubled.

STANDARDAERO:

In October of last year, the aircraft maintenance service provider raised $1.44 billion by pricing its offering over range. The initial target was a valuation up to $7.69billion.

Shares of the Carlyle-backed firm began trading at 29% over the initial offer price. Since then, they have lost around 9%.

LINEAGE:

Cold storage real estate trust raised $4.45billion in its listing on July 20, 2024 at a valuation exceeding $18billion. It had set a target of a valuation up to $19.16 billion.

Stocks of the company rose 5% at open on Nasdaq. It has however fallen 46% from its opening price.

REDDIT:

Social media giant Facebook raised $748 million at its IPO last March, valuing it at $6.4 Billion -- the upper end of the target range that it advertised.

Since then, its stock has increased by more than four times.

BIRKENSTOCK:

The German sandal manufacturer, which is 250 years old, raised $1.48 Billion and was valued at $ 9.3 Billion in its IPO of October 2023. This was slightly less than its $10 billion target.

The shares of this company debuted at a price 11% lower than their IPO, but they have risen by 20% since.

** Please note: Stock performance is based on the opening trade. ** Sources are: filings, LSEG reports,

(source: Reuters)