Posted on Sep 14, 2023
What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy
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https://www.npr.org/2023/09/14/ [login to see] /wall-street-stocks-ipo-arm-birkenstock-instacart-klaviyo
Here's another sign of growing confidence in the stock market and the broader U.S. economy: Companies from Birkenstock to Instacart are getting ready to go public through IPOs after a long lull in high-profile listings.
First up is chip designer Arm Holdings, which is set to make its debut on the Nasdaq on Thursday. It priced its shares at $51 each at its initial public offering, which would value the company at almost $55 billion.
Arm may not be a household name, but it's a multi-billion-dollar tech company that designs many of the high-end microchips that power smart phones and supercomputers.
Here's another sign of growing confidence in the stock market and the broader U.S. economy: Companies from Birkenstock to Instacart are getting ready to go public through IPOs after a long lull in high-profile listings.
First up is chip designer Arm Holdings, which is set to make its debut on the Nasdaq on Thursday. It priced its shares at $51 each at its initial public offering, which would value the company at almost $55 billion.
Arm may not be a household name, but it's a multi-billion-dollar tech company that designs many of the high-end microchips that power smart phones and supercomputers.
What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy
Posted from npr.org
Investing
Stock Market
Stock Trading
Economics
Posted 8 mo ago
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PO1 William "Chip" Nagel good ole Bidenomics...
..."Why is a revival in IPOs important?
A revival in IPOs is a clear indication that investors are growing confident about the market's prospects.
Since January, stocks have been on a tear. The broad-based S&P 500 is up more than 15% year to date, and the tech-heavy Nasdaq has risen by more than 30%."...
..."Why is a revival in IPOs important?
A revival in IPOs is a clear indication that investors are growing confident about the market's prospects.
Since January, stocks have been on a tear. The broad-based S&P 500 is up more than 15% year to date, and the tech-heavy Nasdaq has risen by more than 30%."...
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PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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