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Audio – Vibrant Tech IPO Market Ahead?
The U.S. market for technology IPOs should be stronger over the next 18 months, a top Morgan Stanley banker predicted. Provided companies can show predictability, profitability and growth, they will attract robust demand, said Colin Stewart, the vice chairman of global capital markets at the investment bank. “It feels like the IPO market is going to be a very vibrant market over the next 18 months,” he told the Reuters Venture Capital Summit.