negative
Renaissance IPO Index Lags S&P 500 Despite Market Gains in 2025
While the S&P 500 has risen more than 12% year-to-date, the Renaissance IPO Index is down around 0.8% in 2025, extending its underperformance since mid-October. Analysts suggest investors remain cautious toward newly listed firms, particularly those lacking established profitability or operating in high-burn AI and software sectors.
The divergence highlights growing preference for proven cash-generating businesses over speculative growth stories. With issuance slowing sharply in November, market participants expect selective IPO activity for the remainder of the year.
Tags:
- ipo
- markets
negative
Renaissance IPO Index Lags S&P 500 Despite Market Gains in 2025
While the S&P 500 has risen more than 12% year-to-date, the Renaissance IPO Index is down around 0.8% in 2025, extending its underperformance since mid-October. Analysts suggest investors remain cautious toward newly listed firms, particularly those lacking established profitability or operating in high-burn AI and software sectors.
The divergence highlights growing preference for proven cash-generating businesses over speculative growth stories. With issuance slowing sharply in November, market participants expect selective IPO activity for the remainder of the year.
Tags:
- ipo
- markets
Breaking
negative
Renaissance IPO Index Lags S&P 500 Despite Market Gains in 2025
1 min read
77 words
The Renaissance IPO Index is down in 2025 despite S&P 500 gains, reflecting investor caution toward new listings and weaker demand for unprofitable tech firms.
While the S&P 500 has risen more than 12% year-to-date, the Renaissance IPO Index is down around 0.8% in 2025, extending its underperformance since mid-October. Analysts suggest investors remain cautious toward newly listed firms, particularly those lacking established profitability or operating in high-burn AI and software sectors.
The divergence highlights growing preference for proven cash-generating businesses over speculative growth stories. With issuance slowing sharply in November, market participants expect selective IPO activity for the remainder of the year.
While the S&P 500 has risen more than 12% year-to-date, the Renaissance IPO Index is down around 0.8% in 2025, extending its underperformance since mid-October. Analysts suggest investors remain cautious toward newly listed firms, particularly those lacking established profitability or operating in high-burn AI and software sectors.
The divergence highlights growing preference for proven cash-generating businesses over speculative growth stories. With issuance slowing sharply in November, market participants expect selective IPO activity for the remainder of the year.
Tags:
- ipo
- markets
- ipo
- markets
- ai
- stocks