The IPO market has been slow this year as investors’ risk appetite for new issues hit a record low. As of last month, there were just 161 initial public offerings in 2022, the fewest since 2016. In 2021, there were 1,035 IPOs.
Poor performance of recent IPOs is another reason investors and companies are particularly cautious this year. Amid such a backdrop, let’s take a look at the 10 best-performing IPOs in 2022, as of the end of October.
This post originally appeared at 24/7 Wall St.