IPO valuations are conveying sense of 'hyper conservatism'
Klarna (KLAR) and Figure Technology Solutions (FIGR) are the latest companies to have gone public via IPOs in 2025, joining the ranks of Chime Financial (CHYM), Figma (FIG), CoreWeave (CRWV), and Circle Internet Group (CRCL).
Rainmaker Securities managing director Greg Martin comments on company valuations amid reinvigorated investor enthusiasm for the IPO market.