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Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025 - TL;DR CNBC

Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025

Publishing timestamp: 2024-04-29 16:36:35


Summary

Morgan Stanley expects 10 to 15 more tech offerings this year and a "better year" in 2025. The IPO market has seen a resurgence after a lull in 2022, with recent offerings pricing high and trading well. Valuations are back to levels seen in 2018 and 2019, and companies are getting fair prices for growth. Most valuable late-stage companies like SpaceX, Stripe, and Databricks have yet to go public, but when they do, they are expected to be blockbuster offerings.


Sentiment: POSITIVE

Tickers: UNDEFINEDRDDTTSLAALABMSAMZNPINSMSFTGSRBRK

Keywords: astera labs incmicrosoft corpreddit incklaviyo inctesla incbreaking news: technologybusiness newstechnologygoldman sachs group incinstacart (maplebear inc)rubrik incamazon.com incipomorgan stanleypinterest inc

Source: https://www.cnbc.com/2024/04/29/morgan-stanley-sees-10-to-15-more-tech-ipos-in-2024-better-2025.html


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