There's nothing like a moribund IPO market to create a pleasant backdrop for a bull run.
Hot on the heels of the Reddit deal is the expiration of the IPO lockup period for Arm Holdings on March 12.
I thought it might occur after the successful Arm deal, but like so many nascent attempts to revive the IPO market there was nothing worth following up with until the Reddit deal.
This brings me back to the IPO market.
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Persons:
We've, It's, Reddit, Sam Altman, Conde Nast, Rene Haas, Steve Huffman, Reddit's, —, isn't, Morgan Stanley, Goldman Sachs, Uber, Jim Cramer's, Jim Cramer, Jim, Mateusz Slodkowski
Organizations:
Advance Magazine Publishers, Arm Holdings, Company, Nvidia, Employees, GameStop, Supply, Amazon, Walmart, Securities and Exchange Commission, Investors, Fidelity, ICE, Costco, Rite Aid, Tech, Microsoft, Meta, Federal Trade Commission, White House, Jim Cramer's Charitable, CNBC, Getty
Locations:
British, TheStreet.com, Reddit, POLAND