Nasdaq CEO Adena Friedman Sees IPO Momentum Picking Up In 2025

The market for initial public offerings is slowly coming back and expected to gain traction next year, according to Nasdaq Inc. Chief Executive Officer Adena Friedman.

“We’re seeing good progress and we think that going into 2025 we should see more momentum in terms of the pipeline of companies we have been talking to,” Friedman said in an interview on Bloomberg TV on Thursday.

Nasdaq, the second-largest US stock exchange, has seen investor appetite for initial public offerings increase, following a pullback of deals from a peak in 2021, she said. Friedman’s comments come on the heels of this ...