U.S. IPOs set to rebound after dismal 2016: Reuters
The U.S. IPO market is expected to bounce back next year after a forgettable 2016, fueled by a sunnier economic outlook and a bit more certainty following the presidential election. Public listings will also get a boost next year from private equity firms looking to exit their investments, executives at both the Nasdaq and the New York Stock Exchange told Reuters. The star-studded potential pipeline of companies set to make their debuts in 2017 includes messaging app Snapchat's parent Snap Inc and ride-hailing company Uber Technologies Inc, both "decacorns", or companies valued at tens of billions of dollars.
16 December 2016•3 mins read
