The IPO gold rush is set to reach new heights in the second half of 2021, as a number of high-profile startups such as China's largest ride-sharing company Didi Chuxing Technology Co Ltd, online brokerage Robinhood Markets Inc and electric-vehicle maker Rivian Automative LLC prepare to launch multi-billion dollar share sales.
NEW YORK: Wall Street's record-breaking run for stock market flotations shows no signs of slowing down.
With more than six months until the year ends, U.S. initial public offerings have already totaled $171 billion, eclipsing the 2020 record of $168 billion, according to data from Dealogic.
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