Klarna, Netskope Spur Best Month for US IPO Volume Since ’21
Traders work during Klarna Group Plc IPO on the floor of the New York Stock Exchange on Sept. 10.
Photographer: Michael Nagle/BloombergA burst of activity is powering the US IPO market toward its busiest month since the final innings of a manic 2021.
Klarna Group Plc and Netskope Inc.’s successful outings led the charge, lifting September’s US initial public offerings volume so far to $7.6 billion, excluding financial vehicles such as blank-check firms. That’s the biggest month since Nov. 2021, data compiled by Bloomberg show.