June 17, 2025

4 min

Great, you have saved this article to you My Learn Profile page.

Chart of the week: IPOs try to stabilize

Clicking a link will open a new window.

Facebook
Twitter
LinkedIn

Chart of the week: IPOs try to stabilize

New public offerings have struggled so far this year amid market volatility.

Fidelity Active Investor

The IPO market entered 2025 with solid momentum, fueled by a rise in both the number of new IPOs and proceeds over the past 2 years. Expectations for further rate cuts and a more favorable market backdrop added to the optimism. But the momentum appears to have stalled thus far, with the Renaissance Capital IPO Index roughly flat after a rocky start to the year.

Source: Renaissance Capital, as of June 17, 2025.

Choose the criteria. See stocks that match.

Our Stock Screener matches your ideas with potential investments.

Find stocks

More to explore

Get started trading

Get industry-leading research, guidance, tools, and pricing. Open an account.

Trading Post

Get timely trading and investing strategies.

Subscribe to Active Investor

Our most advanced investment insights, strategies, and tools.

Looking for more ideas and insights?

We'll deliver them right to your inbox.

Manage subscriptions

Thanks for subscribing!

Check out your Favorites page, where you can:

Tell us the topics you want to learn more about
View content you've saved for later
Subscribe to our newsletters

Go to Favorites

We're on our way, but not quite there yet

Good news, you're on the early-access list.
But we're not available in your state just yet. As soon as we are, we'll let you know. In the meantime, boost your crypto brainpower in our Learning Center.

Manage subscriptions

Oh, hello again!

Good news, you’re already on the early-access list. Keep an eye on your email for your invitation to Fidelity Crypto.

Manage subscriptions

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing.

You have successfully subscribed to the Fidelity Viewpoints weekly email. You should begin receiving the email in 7–10 business days.

We were unable to process your request.

Please Click Here to go to Viewpoints signup page.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing

Nice work! Need to edit for crypto.

We'll be in touch soon. In the meantime, visit Need to edit for crypto to stay up to date.

We're unable to complete your request at this time due to a system error. Please try again after a few minutes.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing.

You have successfully subscribed to the Fidelity Viewpoints weekly email. You should begin receiving the email in 7–10 business days.

We were unable to process your request.

Please Click Here to go to Viewpoints signup page.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing.

You will begin receiving the Fidelity Viewpoints Active Investor newsletter.

We were unable to process your request.

Please visit www.fidelity.com/viewpoints.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing.

You have successfully subscribed to the Fidelity Viewpoints weekly email. You should begin receiving the email in 7–10 business days.

We were unable to process your request.

Please Click Here to go to Viewpoints signup page.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing

Nice work! Get ready to unleash your inner investor.

We'll be in touch soon. In the meantime, visit Women Talk Money to stay up to date.

We're unable to complete your request at this time due to a system error. Please try again after a few minutes.

All fields are required.

First name

Enter your first name.

First name must be no more than 30 characters.

First name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Last name

Please enter a valid last name. e.g. Doe.

Enter your last name.

Last name must be no more than 30 characters.

Last name must be at least 2 characters.

Sorry, we can't update your subscriptions right now. Please try again later.

Email address

Enter a valid email address. e.g. name@fidelity.com.

Enter your email address.

Enter a valid email address (like name@fidelity.com).

Email address can not exceed 100 characters.

Please enter a valid email address. e.g. name@fidelity.com.

Thank you for subscribing

Nice work! Get ready to unleash your inner investor.

We'll be in touch soon. In the meantime, visit Women Talk Money to stay up to date.

We're unable to complete your request at this time due to a system error. Please try again after a few minutes.

Thanks for subscribing to
Looking for more ideas and insights?
You might like these too:

Looking for more ideas and insights? You might like these too:

Fidelity Viewpoints^®

Timely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ...

Decode Crypto

Clarity on crypto every month. Build your knowledge with education for all levels.

Fidelity Smart Money^℠

What the news means for your money, plus tips to help you spend, save, and invest.

Active Investor

Our most advanced investment insights, strategies, and tools.

Insights from Fidelity Wealth Management ^℠

Timely news, events, and wealth strategies from top Fidelity thought leaders.

Women Talk Money

Real talk and helpful tips about money, investing, and careers.

Educational Webinars and Events

Free financial education from Fidelity and other leading industry professionals.

Fidelity Viewpoints^®

Timely news and insights from our pros on markets, investing, and personal finance.(debug tcm:2 ...

Decode Crypto Clarity on crypto every month. Build your knowledge with education for all levels.

Fidelity Smart Money^℠

What the news means for your money, plus tips to help you spend, save, and invest.

Active Investor Our most advanced investment insights, strategies, and tools.

Insights from Fidelity Wealth Management ^℠

Timely news, events, and wealth strategies from top Fidelity thought leaders.

Women Talk Money Real talk and helpful tips about money, investing, and careers.

Educational Webinars and Events Free financial education from Fidelity and other leading industry professionals.

Done

Add subscriptions

No, thanks.

Analyzing stock fundamentals

Past performance is no guarantee of future results.

Source: Renaissance Capital, as of June 17, 2025. The Renaissance IPO Index reflects approximately the top 80% of newly public companies based on full market capitalization, is weighted by free float capitalization, and imposes a 10% cap on large constituents. Sizeable IPOs are added on a fast entry basis and the rest are added during scheduled quarterly reviews. Companies are removed two years after their initial trade date, when they become seasoned equities.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

1099725.94.0

Choose the criteria. See stocks that match.

More to explore

Get started trading

Trading Post

Subscribe to Active Investor

Looking for more ideas and insights?

Thanks for subscribing!

We're on our way, but not quite there yet

Oh, hello again!

Thanks for subscribing to Looking for more ideas and insights? You might like these too:

Looking for more ideas and insights? You might like these too:

Fidelity Viewpoints®

Decode Crypto

Fidelity Smart Money℠

Active Investor

Insights from Fidelity Wealth Management ℠

Women Talk Money

Educational Webinars and Events

Thanks for subscribing to
Looking for more ideas and insights?
You might like these too:

Fidelity Viewpoints^®

Fidelity Smart Money^℠

Insights from Fidelity Wealth Management ^℠