With the enthusiasm for stocks on the rise again, the US IPO market seems to be on fire as it marches on with more than 500 companies going public in the first half of 2021.
According to Stock Analysis, there were a whooping 560 IPOs on the US market in 2021 thus far. Note that in the same period of last year, the US market had just 98 IPOs. Ok, the COVID-19 pandemic that hit the world in Q2 might also have had something to do with that, but still, it is clear that US IPO market is on fire at the moment.
This week, two well-known U.S. companies are returning to public markets, with LegalZoom.com and Krispy Kreme coming later this week. We also have the “Uber of China” DiDi Global set to start trading Wednesday, followed by D-Market, the “Amazon of Turkey” on Thursday. In the table below we list some of the largest and most interesting IPOs that we expect this week.
| wdt_ID | Date | Company | Description | Deal Size (Price) |
|---|---|---|---|---|
| 1 | 30-Jun | Didi Global (DIDI) - Bejing, China | Operates China's largest ride-hailing network | USD 3.9bn (USD 13 - USD 14) |
| 2 | 30-Jun | SentinelOne (S) - Mountain View, US | Cybersecurity threat detection platform | USD 880m (USD 26 - USD 29) |
| 3 | 30-Jun | LegalZoom.com (LZ) - Glendale, US | Provides legal and compliance solutions in the US | USD 488m (USD 24 - USD 27) |
| 4 | 1-Jul | Krispy Kreme (DNUT) - Charlotte, US | Owns, operates, and franchises doughnut shops | USD 600m (USD 21 - USD 24) |
| 5 | 1-Jul | D-MARKET (HEPS) - Istanbul, Turkey | Operates e-commerce platform Hepsiburada in Turkey | USD 681m (USD 11 - USD 13) |
