IPO market: There's improved sentiment & 'good indicators' for activity, analyst says

Yahoo Finance Video
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Recovery in the IPO market remains choppy as companies like Arm (ARM) and Instacart (CART) see initial downtrends after entering public trading. However, the question remains whether or not investors still have the appetite for future IPOs despite those headwinds. Renaissance Capital Research Director Nick Einhorn joins Yahoo Finance to discuss the current status of the IPO market and how investors are feeling about current and future IPOs.

Einhorn explains, "I think the fact that [Arm and Instacart] got healthy reception. They priced at the high end of the range for Arm, priced at the range for Instacart and Klaviyo (KVYO), that does show that there is demand for IPOs out there."

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