The US IPO Engine Looks Ready to Speed Ahead in Second Quarter
- Astera, Reddit deals boost appetite for first-time share sales
- Companies plot path to public markets while momentum allows
The Reddit IPO at the New York Stock Exchange on March 21.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The engine for US initial public offerings is back in motion.
For just how long is now the big question for a growing list of companies looking to list in the second quarter, which is already showing a lot of promise for one of Wall Street’s biggest fee pools.