Katie Lance
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Katie Lance in Economics & Politics,

IPO market is bracing for busiest week of 2017 with 11 deals on tap

The initial public offering market is facing its busiest week of the year, with 11 deals on tap expected to raise more than $2 billion.

That’s according to Kathleen Smith, principal at Renaissance Capital, a manager of IPO exchange-traded funds.

Companies are rushing to get deals out ahead of the Thanksgiving holiday, when many investors are expected to be away from their desks, said Smith.

“IPOs have been well received, and investors are making money,” she said.