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The 3 Biggest IPOs To Watch For In Q2 2023

To say the market for initial public offerings (IPOs) is in a funk would be a major understatement. In 2022, the worldwide IPO market went from record-breaking levels during the Covid-19 pandemic into a full-on depression, according to an analysis by EY. In 2022, there were 1,333 IPOs held, down 45% from 2021.

Proceeds from those 2022 IPOs totaled $179.5 billion, down 61% from the previous year. No wonder investment bankers at firms such as Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) continue to lament a dearth of deals. While 2023 hasn’t seen much of an improvement on the IPO front so far, there is hope that several high-profile and lucrative new stocks will come to market before year’s end. Some might even happen in the next few months.

Here are the three biggest IPOs to watch for in Q2 2023.

This post appeared first on InvestorPlace.