IPO Roundup: SharkNinja, Pixie Dust Technologies and more


Source: seekingalpha.com seekingalpha.com

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The resiliency of the U.S. economy is reviving the once-sluggish IPO market, but not all listings have had a great start. Last week saw the direct listing of Surf Air Mobility (SRFM), which is currently down roughly 46% since it began trading at around $5 on Thursday. Despite the difficulties, the broader IPO market has shown strength, with the Renaissance IPO ETF (IPO) witnessing an impressive gain of 48.3% YTD, compared to the benchmark S&P 500's rise of 19.8%. Coming IPOs (and spinoffs) that are expected to price this week SharkNinja expects to trade on the NYSE on Monday, July...