The IPO market sprang back to life last week, said in Bloomberg . Six companies raised more than $4 billion in “the busiest period” for initial public offerings since 2021. The highlight was Klarna , the fintech firm that raised $1.37 billion and saw its shares pop 30% on their first day of trading. Gemini, a crypto exchange founded by the Winklevoss twins, and Figure, a crypto lender, also made strong debuts. For those using the flood of deals as a measure of “just how frothy the stock market is getting,” however, the reading was “mixed.” The median listing “opened 31% above the offer price,” which, while strong, doesn’t “point to unbridled enthusiasm.” Still, it was encouraging for the IPO market, which has been bottled up for years. “Roughly $29 billion has been raised on U.S. exc

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