An insurance platform and a medical device company went public this past week, both of which upsized their deals and priced above the range. Two SPACs also went public. The IPO market is continuing to open up, and an uptick in filings is setting the stage for a potentially busy June.
SelectQuote (SLQT), which distributes Medicare Advantage and other insurance products, raised $570 million at a $3.3 billion market cap in the largest IPO since early March. The company, which sees the majority of its earnings from Medicare Advantage and Supplement plans, had revenue growth