UK and US set for surge in inventory market listings
Stock markets on both sides of the Atlantic are predicted to see a surge in listings this year, in a joint boost for the City and Wall Street.
UK broker Peel Hunt said a ‘wave of issuers’ was preparing to launch initial public offerings (IPOs) after Easter.
And ChatGPT maker OpenAI is planning a blockbuster £700billion float this year, as the appetite for US listings also heats up, according to the Wall Street Journal.
Meanwhile, Elon Musk’s rocket firm SpaceX is also said to be eyeing a public-markets blast-off. The optimism comes despite markets being unsettled by Donald Trump’s policymaking and fears of a bubble in artificial intelligence stocks.
Bright outlook: Stock markets on both sides of the Atlantic are predicted to see a surge in listings this year, in a joint boost for the City and Wall Street
The FTSE 100 raced past the 10,000 mark at the start of the year and is trading close to record highs.
In an update on the IPO market yesterday, Peel Hunt said ‘a wave of issuers [is] preparing to launch once financials are finalised and the Easter break is out of the way’.
Speculation has been building about motoring organisation the RAC, bookshop Waterstones and travel platform Loveholidays going public in the UK this year.
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