Busiest IPO Week Since 2021 Mints $4 Billion for Six Newcomers

The IPO market kicked into high gear this week, with a sextet of deals raising more than $4 billion in the busiest period since 2021.

While five of the six initial public offerings worth at least $290 million priced above their marketed ranges, subsequent performances were mostly uninspiring — a sign of healthy skepticism among investors that Wall Street analysts say bodes well for the market going forward.

Klarna Group Plc fluctuated after jumping Wednesday following the week’s largest IPO, while Figure Technology Solutions Inc. ended its second day higher after a strong debut. In the crush of four listings ...