• Triton

Tech IPO Window Is Wide Open

Today on Bloomberg's "What'd You Miss?" with Scarlet Fu and Joe Weisenthal, Triton's CEO Rett Wallace discussed the breakout performance of technology companies within the S&P 500, and what that means for tech IPOs.


"Recent tech IPOs have picked up and lost 20 billion dollars in market cap. Now though it feels almost stable. There were 18 tech submissions this year, they're up 60% on average, and they're moving down to the 30% average that you might have expected."


And as to whether IPO-tracking indexes are influencing the upswing: "We think it is more of a thematic shift towards tech than towards IPO."


Watch excerpt on Bloomberg - HERE




270 Lafayette Street
New York City 10012

212.804.6151

information@triton.ai

Add me to Triton's mailing list

TOP

© 2020 BY TRITON RESEARCH LLC