IPO investors are hopeful about 2025 after last major offering of this year prices on a high note

The last major IPO of the year has priced on an up note, and IPO investors are hopeful it will mark the end of three painful years of sub-par IPO raises.

ServiceTitan (TTAN), which provides business management software for plumbers, roofers, landscapers and others in the trades industry, will begin trading today on Nasdaq.  It is pricing 8.8 million shares at $71, well above the price range of $65 to $67, itself a significant hike from earlier price talk of 8.8 million shares at $52 to $57. 

“A window is opening” in the IPO market, Greg Martin, head of Rainmaker Securities, a financial brokerage firm that specializes in private securities transactions, told CNBC...Read Full Article

Ken Anderson