The IPOs to expect in 2022: Reddit, Instacart and others could hit Wall Street

The IPOs to expect in 2022: Reddit, Instacart and others could hit Wall Street

As the IPO market slowed down at the end of 2021, companies that had been expected to jump on the hot market were left out in the cold, but many of them are still expected to test the waters in 2022.

Technology companies dominated the market for initial public offerings in 2021, representing nine of the 10 largest deals, according to David Ethridge, the U.S. IPO services leader at PwC. And with companies staying private longer, there remains a deep backlog of mature technology companies that could finally make their debuts in the year ahead.

Among the most highly anticipated candidates within the tech sphere are social-networking platform Reddit, grocery-delivery service Instacart, and data-analytics company Databricks. And following what Rainmaker Securities managing director Greg Martin called a “banner year for fintech” deals, more attention will be focused on Stripe, which notched a $95 billion private-market valuation this year but has thus…

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