Tech IPOs could make a comeback in 2023, analyst says

Tech IPOs could make a comeback in 2023, analyst says

Though 2022 was a pretty IPO-less year, 2023 could signal a comeback in the tech IPO market, according to one analyst.

“There are a lot of IPOs on the horizon that you’re going to see,” Ray Wang, founder and principal analyst at Constellation Research, told Yahoo Finance Live this week (video above). “I think people are waiting for the interest rates to stabilize. If the Fed can get to… [rate hikes of] 0.50% in December and 0.25% in January, I think we might have some hope.”

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