April 19, 2024

IPO News

Best 10 IPOs to Watch-out For in 2022

397 U.S firms listed shares through traditional IPO (Initial Public Offerings) and raised $142.4 billion dollars in 2021. The IPO market performed its best in 2021 compared to the last 20 years. After 2021, the performance dropped, which caused the IPO market to decline in 2022. Till the middle of September, there was a raise of only 4.6 billion dollars by 59 U.S. IPOs. Even high-profile IPO stocks like HOOD (Robinhood Markets Inc.) and RIVN (Rivian Automotive Inc.) DIDIY (DiDi Global) is trading at a lower IPO price. Ten upcoming IPO stocks are believed to provide investors with the best long-term opportunities.

Stripe Inc. focuses on application programming interfaces and online payment processing software for mobile apps and e-commerce websites. Stripe’s latest fundraising in March 2021 went up to 95 billion dollars, making it one of the biggest IPOs so far. Vinfast LCC is the largest conglomerate in Vietnam and a subsidiary of Vingroup. It plans to start shipping SUV cars in Canada, Europe, and the U.S. and aims to improve sales from 42,000 to 7,50,000 between 2022 and 2026.

Databricks Inc simplifies database management using AI. This company promised to generate more than one billion dollars in 2022, 75% more than in 2021. Mobileye BV creates advanced driver support systems and autonomous driving technologies like cameras, semiconductors, and software. Acquired by Intel Corp in 2017, it is planning to go public through an IPO, and reports suggest that its valuation could go up to 50 billion dollars. The other companies include Chime Financial Inc., Instacart Inc., Discord Inc., Reddit Inc., Impossible Foods Inc., and Klarna Bank AB.

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