Initial Public Offerings, or IPOs, have been making headlines once again. Companies like Cava (CAVA) sparked investor interest in 2022. Some of the most anticipated IPOs of the year are still to come, including Arm, Instacart, and SpaceX. Brianne Lynch, Head of Market Insight at EquityZen, joins Yahoo Finance Live to discuss the new IPOs and market outlook for the remainder of 2023.
Regarding Arm's upcoming IPO, Lynch said, "It might not be the catalyst, but it is a company that people are going to be watching very closely. It will be the largest IPO in the U.S. since Rivian (RIVN) in 2021. And it will be a good barometer for investor interest in tech and in AI specifically."
