FPX ETF

Following two years of low IPO activity, the U.S. IPO market could see a comeback during Trump's presidency due to the expected positive performance of the stock market.

First Trust US Equity Opportunities ETF holds 100 stocks in the first 1,000 trading days after their IPOs. FPX is well diversified across sectors, but it is quite concentrated in its top holdings. It is classified in the “Mid-Cap Growth” category. Over the last decade, FPX has outperformed another IPO-focused ETF, but lags traditional mid-cap growth funds.

The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.

As Reddit prepares for its stock market debut, industry observers eagerly anticipate the platform's future trajectory and its role in the ever-evolving landscape of social media and technology.

Renaissance IPO Index closed last week in positive territory Year-to-Date (YTD) for the first time in 2024.

In the third quarter of 2023, the IPO market witnessed considerable activity, with a total of 26 initial public offerings (IPOs) jointly raising a solid $7.7 billion.

September is already looking like an eventful month for initial public offerings. While Arm IPO already became successful, Instacart's scheduled entry may also turn out to be strong.