No slowdown in sight for IPOs or SPACs
CNN
The market for new stocks continues to sizzle — with no signs of a slowdown for initial public offerings or special purpose acquisition company mergers.
Dating app Bumble enjoyed a strong debut, gaining nearly 65% in its IPO last week. Online commerce companies Affirm and Poshmark also did well after their IPOs in January. The surges follow big jumps for Airbnb, DoorDash and Palantir when they began trading late last year. (Palantir chose to list shares directly instead of selling them in a more traditional IPO.)More Related News