Number of tech IPOs is falling sharply

The number of American tech IPOs fell sharply in the third quarter after a strong half year. According to Renaissance Capital, the number of IPOs in this sector dropped by 70 percent. The US market had 29 IPOs, which together take out $ 4.1 billion from the market. The most important IPO was that of the American manufacturer of media players Roku

The number of American tech IPOs fell sharply in the third quarter after a strong half year. According to Renaissance Capital, the number of IPOs in this sector dropped by 70 percent.

The US market had 29 IPOs, which together take out $ 4.1 billion from the market. The most important IPO was that of the American manufacturer of media players Roku.

Technology remains the most important component of the IPO market. The total IPO market has already passed that value in 2016, but IPOs of 1 billion dollars or more have not taken place.