IPO Market Faces Pivotal Moment as Sell-Side Analysts Weigh In
- Quiet period ends Monday for analysts at underwriting banks
- SVV, Kodiak Gas, Fidelis among companies in the spotlight
The market for IPOs has been gaining momentum in recent months with a range of consumer-oriented companies going public.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
For the US IPO market looking to regain its footing, Monday could provide a much-needed boost. That’s when a quiet period ends for analysts at the banks that underwrote newly public companies and investors get a first look at their projections.
Thrift store chain Savers Value Village Inc., among the year’s top IPOs for deals of more than $200 million, will likely be the most closely-watched firm to get a review from the sell-side. The stock has gained more than 30% gain since it raised $401 million including the exercise of the underwriters’ over-allotment option, marking the seventh-largest IPO on a US exchange in 2023.