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Bytes of spring – technology firms join a rush to go public

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April 17, 2021 at 04:00PM

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This year has brought a glut of internet flotations – not just in the US but in London too – and more are on the way

As markets on both sides of the Atlantic hit fresh highs, boosted by hopes of an economic rebound from the crisis inflicted by the pandemic, tech companies are choosing their moment and queuing up to make their stock market debuts.

The first three months of the year are traditionally a quiet period for initial public offerings (IPOs), but in 2021 its was the busiest quarter for listings in the past 20 years, according to accountancy firm EY – and tech companies dominated.

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