Wilson tennis racket maker Amer Sports files for U.S. IPO

News Snapshot:

Wilson tennis racket maker Amer Sports on Thursday revealed a 30% revenue surge for the first nine months of 2023 in its filing to go public in the U.S., joining other high-profile firms looking to take advantage of recovering investor appetite. U.S. initial public offerings, which went through an arid period that lasted most of 2022 and 2023, are projected to rebound as the stock market hovers near record highs. “We expect 2024 will look like a ‘normal year’, but after 2022 and 2023, normal might feel like a flood of IPOs,” said Matthew Kennedy, senior strategist at IPO-research firm...