MAY’S string of successful technology company debuts is reigniting optimism that the once-prolific enterprise software sector will soon resurface as a significant contributor to the US deal mix.
Robust initial public offerings (IPOs) last month from EToro Group Ltd, Hinge Health Inc and MNTN Inc, as well as strong early demand for this week’s IPOs from Circle Internet Group Inc and Omada Health Inc, point to a much improved market for first-time stock sales from companies spanning fintech, digital health, adtech and crypto.
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