5 Potential Blockbuster IPOs to Add to Your Watch List
The market for companies going public has been heating up this year on the heels of the rapid-fire bear market and subsequent recovery. After losing 30% of its value between mid-February and late March, the tech-heavy Nasdaq has led the recovery, gaining a remarkable 67% since hitting its bottom on March 23 and up a more than healthy 28% year to date.
Additionally, many of the best-performing stocks over the past several months have been technology issues. Remote work and stay-at-home orders have helped particular sectors of the market prosper, including e-commerce, cloud computing, streaming video, gaming, and telemedicine -- and have helped lead tech higher.
This has led many privately held technology companies to rush to join the public markets, hoping to take advantage of the current tech gold rush. While there are plenty of upcoming initial public offerings (IPO) to choose from, here are a few with the greatest likelihood of success.
Source Fool.com
