Initial Public Offerings or IPOs should recover to 60 %-70 % of the level in the peak 2022 in 2024, according to Wolfteam Ltd.
Technology stocks IPOs will be the main driver in 2024 of the IPO market.
As soon as the technology IPOs start growing in numbers again, the valuations of technology companies along with the number of private capital fund raising will start growing again, because via IPOs, Silicon Valley and global venture capital funds will have another exit option, if not IPOs being the most viable exit option for venture capital funds. Especially, that given that at the IPOs onset initial public trading technology companies fetch almost the highest possible valuation of most venture capital funds exit options.
If IPOs recover, the general stock market sentiment would improve, trading volumes should rise and thus the main indices Standard and Poor's 500, the Dow Jones Industrial Average and the Nasdaq Composite should clock in more than 10 % gains in 2024, according to Wolfteam Ltd.
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