Will IPOs Recover? 2 Potential IPOs That May Turn The Tide

Benzinga2022-10-31

Over the last 2 years, many big-name companies went public. Think Airbnb, Coinbase, and Palantir. Recent events, especially record inflation and sharp rate increases, have caused the IPO market to slow down.

To add insult to injury, many crypto-based companies have realized losses due to increased regulation, potential higher taxes, and the current bear market. However, there are a couple of new IPOs that could bring in more excitement and demand for IPOs.

Instacart

In early 2021,reports at that time mentioned that it could be worth at least $50 billion. This isn’t surprising due to the increased demand during the COVID-19 pandemic and lockdowns.Reddit still plans to IPO even with its valuation dropping by 40% to $24 billion.

Reddit

This company has a robust online community with tens of thousands of subgroups in various categories. It also has the famous subgroup “Wall Street Bets”, which contributed to the Reddit short squeeze. It has received over $400 million in funding from Fidelity and was valued at $10 billion last August.

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Comments

jingsheng
2022-10-31
jingsheng
ok
- jingsheng:
  ok
CCYMoney
2022-10-31
CCYMoney
lol bolt
MrHuattt
2022-10-31
MrHuattt
Ok
- MrHuattt:
  Sire

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