Visual Capitalist June 19, 2024
Big technology companies have been enjoying a wave of stock market success, driving much of the growth in the S&P 500 index since the pandemic. Five of the companies currently dubbed the “Magnificent Seven” are behemoths in the tech space, with market capitalizations rivaling the size of entire countries’ GDPs.
We visualize the number of tech IPOs on American exchanges from 1980–2023. Data is sourced from “Initial Public Offerings: Updated Statistics” a database run by economist Jay R. Ritter, from the Warrington College of Business, University of Florida.
New Tech Listings in 2021 Broke a 20-Year-Record
From the heydays of the Dotcom boom, when more than 350 companies hit the exchanges in 1999, the number of tech IPOs has dropped...
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