Biggest tech IPOs of 2021

18 April 2021 | 09:10 Code : 16589 news
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News Author: Fatemeh Aghighi
After a big year for tech firms in 2020, will the lasting effects of the pandemic continue to affect the tech stock boom in 2021?
Biggest tech IPOs of 2021

The 2020 calendar year will long be remembered as an annus horribilis for most, except for a handful of technology companies who reaped the rewards of a global shift to remote work with  successful initial public offerings (IPOs).

US companies alone raised a record $435 billion in stock sales in 2020, with more than a quarter of that figure coming from IPOs — far outstripping 2014's mark of $279 billion, according to data compiled by Bloomberg. The vast majority of those new listings defined themselves as technology companies.

Cloud-based software firms like Zoom, Snowflake, Asana, Airbnb and Palantir all performed particularly well, and continue to see their stock price flourish as remote work and e-commerce continue to be the norm for many into 2021.

https://www.computerworld.com/article/3605037/biggest-tech-ipos-of-2021.html

 

Fatemeh Aghighi

News Author

tags: ipos companies stock billion work remote


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