On the tech-heavy Nasdaq, IPO proceeds surged by 438% in the period to $33.9 billion, while the number of IPOs jumped by 304% to 105. NYSE and Nasdaq accounted for about 40% of global IPO activity by proceeds; and one-third of global IPO issuances. This year, tech has accounted for the largest portion of global IPOs as many tech companies wanted to go public and take advantage of high valuations, Rudnicki said. Surprising FactAlthough U.S. exchanges have dominated the global IPO market, eight of the 10 biggest individual debuts have occurred on foreign bourses so far this year. (Forbes)Four Companies Going Public In 2021 (And What To Do About It) (Forbes)Jackpot: Ten New Billionaires From IPOs In 2021 (Forbes)

Source: Forbes May 11, 2021 21:22 UTC