Busiest IPO Week Since 2021 Mints $4 Billion for Six Newcomers

Klarna signage during the company's IPO on the floor of the New York Stock Exchange on Sept. 10.

Photographer: Michael Nagle/Bloomberg

The IPO market kicked into high gear this week, with a sextet of deals raising more than $4 billion in the busiest period since 2021.

While five of the six initial public offerings worth at least $290 million priced above their marketed ranges, subsequent performances were mostly uninspiring — a sign of healthy skepticism among investors that Wall Street analysts say bodes well for the market going forward.