IPO Trends to Watch in 2020

Publish date:
Video Duration:

Let's talk IPO's. 

Heading into 2020, what should investors expect from IPO's?

David Ethridge, U.S. IPO Services Leader at PwC, joined TheStreet to talk about the trends that he expects to see. 

"Let's start with what foundation we have as we exit the year and going into 2020, cause that's largely going to determine how we do in terms of these trends. So the things we're generally looking for are a solid base economy. So, what's happening with the indices that we compare to--Russell 2000, the S&P 500--those are both up a lot in 2019. We look for low volatility and by and large, we've had that. We look at the interest rate environment. The Fed's been accommodated with three reductions that were very low there and everything. So when we look at a lot of the issues in terms of the foundation that we need, we've got that as we roll into 2020," said Ethridge. 

"Yes, there are worries around trade, tariffs, China, Brexit...Those things have been there for some time, but we've been able to execute in the IPO market notwithstanding those. As we go into 2020, we're expecting to see a lot more in the way of tech. By and large people have done reasonably well in tech in this year. I expect to see more of that in 2020. We're going to see more health care. We've seen a lot of biotech this year, down from last year, but still the number one sector in terms of number of deals this year. We'll see more of that next year," he continued. 

Watch the full video for more. 

Related Videos