After a long lull, the initial public offering market is showing signs of life with chip designer Arm set to go public this Wednesday in what is likely to be the largest IPO in the last two years.
Add to that the successful debuts of Cava and Kenvue (a spinoff from J&J) and rumblings around possible Birkenstock and Reddit IPOs before year’s end, and you have the makings of a trend. A report from EY points to potential for a continued IPO upswing in the latter part of the year.
That…
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