Are you ready to dive into the latest news in the world of trading? Today, we’re excited to share with you all the details about the Viking Holdings Ltd. IPO, which is set to start trading on the New York Stock Exchange. This IPO is making waves as the biggest of 2024 so far, with an impressive upsizing of the deal several times. Originally aiming to sell 44 million shares, Viking eventually settled on 64 million shares at $24 each, raising a whopping $1.54 billion.
But that’s not all – April was a standout month for IPOs, with a total of eighteen companies raising a combined $5.3 billion, making it the busiest month for IPOs since November 2021. Despite a rocky month for the stock market, many recent IPOs have shown resilience, with returns ranging from 135.4% for Astera Labs to 0.1% for Rubrik.
At Extreme Investor Network, we are closely monitoring the IPO market and believe that the momentum will continue to build as we head into the summer. The upsized demand for consumer brand like Viking could signal good news for other companies in the pipeline, such as Chobani, Liquid Death, Epic Games, and more.
Stay tuned for more updates and insights on the latest trends and opportunities in the trading world, only from Extreme Investor Network. Let’s navigate the markets together and discover new possibilities for success.