(BFM Stock Exchange) – Ankylosed last spring because of Donald Trump’s customs duties, the New York Stock Exchange Market has resumed colors since the start of the school year with the arrivals of Klarna and Gemini, two operations that were eagerly awaited from investors.

After a half-tone start to the year, against the backdrop of economic and commercial uncertainty, the market for IPOs (IPO) in New York is experiencing a revival of activity in these first days of September.

“The shortage (…) is finished and the wave of IPOs arrives,” said Bill Smith, a Capital Renaissance analyst at the start of the week, which indicated that Wall Street was going to know the “larger week since 2021 in terms of number of operations raising more than $ 100 million”.

Among these companies that have dared to take the plunge in recent days, Klarna, who had deferred her project a little earlier this year due to upheavals in the markets caused by Donald Trump’s customs duties.

And the patience of the Swedish specialist in deferred payment was rewarded. Klarna succeeded in her IPO, raising $ 1.37 billion, more than her initial objective, of $ 1.27 billion. The inaugural session was crowned with success since Klarna jumped more than 14%. A reassuring signal when you know that Klarna is “the fourth largest IPO (IPO) of the year,” said Bill Smith.

Gemini panics the counters

Eplocking the Figure Technology, a loans based on Blockchain technology was also on the week’s menu. Thursday, September 11, the company raised $ 787.5 million, by the sale of 31.5 million shares at a price of 25 dollars per share, greater than the initial range between 20 and 22 dollars. The action completed its first session up 24%.

Friday, September 12, it was the Gemini platform, which specializes in cryptocurrencies that made a remarkable entry, with an action which flew more than 60% to 45 dollars compared to an introductory price set at $ 28. However, this price had already been reported upstream of the operation. Gemini had initially communicated on a price range of $ 17 to 19 before it was noted between 24 and 26 dollars per share. The company also made the decision the day before its IPO to cap the basic amount of its offer, which has been overwritten more than 20 times.

The test is therefore rather successful for the company founded in 2014, by the twin brothers Cameron and Tyler Winklevoss, made famous by the film “The Social Network” on the birth of Facebook.

Coffee and air conditioning systems

The Black Rock Coffee Bar Cafes channel, the technology specialist for public transport networks via transportation or legence, which operates in the installation of heating and air conditioning equipment, also fueled the procession of newcomers to the New York Stock Exchange.

The site for the resale of sports tickets and Stubhub events and shows should go on the stock market on Monday September 15, after having pushed it back in April against the uncertainties caused by the customs duties of Donald Trump.

“The main obstacle this year” for the stock market entrances “is the uncertainty that surrounds this commercial policy and the volatility it has caused,” said Avery Marquez, Capital Renaissance analyst.

But “there is a certain optimism” on the part of investors for this market “this fall”, noted Avery Marquez.

Market players have notably been reassured by the trajectory of several new quotes, like Circle, a creative company of USDT cryptocurrency, whose title took 66% from its first steps in Wall Street. The action of the American start-up specializing in remote computer science (“Cloud Computing”) Coreweave has jumped 140% in five months.

(With AFP)