It’s been a banner year for the IPO market, and analysts expect the boom in initial public offerings to continue next year.
In 2013, a total of 222 companies went public in the United States, the largest number of new listings since 2000, according to Renaissance Capital, a firm that specializes in IPO research.
While it was the biggest year since the technology bubble burst, the IPO market is still a far cry from 2000, when more than 400 companies went public.
The number of public listings this year is “only slightly above average,” said Kathy Smith, principal at Renaissance. “We’re not setting any records.”
This year’s IPO class raised more than $54 billion, compared with nearly $100 billion for the new stocks in 2000. Still, the IPO market has come a long way since the dark days of 2008, when only 31 companies went public in deals that raised a mere $24.5 billion.
