2024-03-11 12:44:07 ET
The U.S. IPO market is gearing up for a busy week, with several small issuers preparing to make their debut. It follows a mixed week for new public listings, marked by the 32% surge of social media platform Ryde ( RYDE ) and the 20% decline of Lucas GC ( LGCL ). Despite some volatility, the market continues its strong performance, with the Renaissance International IPO Index ( NYSEARCA: IPO ) up 7% YTD, closely tracking the S&P 500's 7.4% gain. Adding fuel to the fire, social media platform Reddit ( RDDT ) grabbed headlines on Friday, as it reportedly planned to kick off its IPO roadshow in the coming week....
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