IPOs are having their best year ever -- even better than the dot com boom
CNN
Private companies are making their Wall Street debuts at a record clip this year.
There already have been more initial public offerings through the first three quarters of 2021 than there were in all of 1996 — the best year ever for IPOs, according to FactSet.
In the first nine months of this year, 785 companies have gone public in the US, compared to 664 for all of 1996 — the dawn of the internet stock mania — and 555 last year.
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The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday.
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