Bloomberg Opinion featuring IPOX® Indexes: IPO Market Wakes Up
John Authers' recent column in Bloomberg Opinion highlights the awakening of the US IPO market after a prolonged slumber. The article mentions the IPOX® SPAC Index and the IPOX® Composite US Index, both of which track the performance of new listings in the US. Authers notes that while these indices are not quite back to their early 2021 levels, they have climbed back to their late 2020 levels and are showing signs of a recent uptick. The column goes on to discuss several high-profile companies that are considering going public, including Shein, Reddit, Rubrik, Lineage Logistics, and Skims. The revival of the IPO market is attributed to a more optimistic macro backdrop and the attractiveness of equity as a source of capital for companies looking to pay down debt burdens.
