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U.S. IPO Hopefuls Are Hunting for Signs of Elusive Market Window

  • First-quarter listings plunged to lowest level since 2016
  • Several big companies on file are yet to move ahead with plans
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Rihanna

Source: Dimitrios Kambouris/Getty Images 

Some of the big-name startups expected to go public early this year have slowed their rush to market as stocks continue to whipsaw.

Companies including Reddit Inc. and Cohesity Inc. each discussed listing shares as soon as the first quarter of 2022, people familiar with the matter have said. Though both have filed paperwork for an initial public offering, neither has taken the next steps toward making their market debuts. With less than a week left of March, any attempt to go public remains some ways off, for them and dozens of others that have been eyeing U.S. listings.