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IPOs Still A Hot Ticket As Post-Pandemic Normalcy Beckons
Thank You! Law360 (February 26, 2021, 9:57 AM EST) Businesses that have prospered from stay-at-home mandates are flocking toward initial public offerings hoping their stories still resonate, joined by companies from battered industries that are eyeing recovery in a post-pandemic world, indicating no rest for the hot IPO market.
Businesses that have prospered during the pandemic are flocking toward IPOs, a trend that experts attribute to recent, strong debuts and long-term uncertainty about pandemic-related restrictions and the markets in general. (Photo by Spencer Platt/Getty Images)
New filings show several new IPO candidates that reported surging sales in 2020, a year in which many companies that benefited from quarantines and remote work setups went public in droves. The latest prospects appear to be betting that there is more gas in the IPO tank.