Investing.com investing.com 22 Dec, 2020 03:45 am

IPO Euphoria Drives Record $435 Billion in U.S. Stock Sales By Bloomberg

IPO Euphoria Drives Record $435 Billion in U.S. Stock Sales By Bloomberg
IPO Euphoria Drives Record $435 Billion in U.S. Stock Sales

That’s far above the previous high of $279 billion set in 2014, according to data compiled by Bloomberg.More than 100 listings in that sector have raised about $23 billion this year, followed by $19 billion for tech, data compiled by Bloomberg showed.drove much of the year’s activity, each being credited with a share of over 10% of the traditional IPO market, according to data compiled by Bloomberg.The $260 billion raised by these deals is the most ever, data compiled by Bloomberg show.

Morgan Stanley (NYSE: MS ) and Goldman Sachs Group Inc (NYSE: GS ).Goldman Sachs, JPMorgan Chase & Co.

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