Deals
The IPO Market Has Never Been Hotter Than It Is Right Now
- Stock listings set record for a half year as markets rally
- SPAC boom that drove first-quarter U.S. offerings has cooled
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Companies are racing to public markets like never before, cashing in on record-high stock prices.
An all-time high of almost $350 billion has been raised in initial public offerings in the first six months of this year, according to data compiled by Bloomberg, surpassing the previous peak of $282 billion from the second half of 2020 and enriching entrepreneurs and bankers alike.