The IPO market was mixed at best in 2024 despite strong showings by Reddit (RDDT), Viking (VIK), and Rubrik (RBRK). IPOs raised about $123 billion last year compared to a peak of $594 billion in 2021, according to Dealogic data. A total of 150 companies went public last year, per a Renaissance Capital study. With optimism on the regulatory front from the Trump administration, dealmakers expect the IPO market to kick back into high gear this year.

Nasdaq CEO Adena Friedman explained the outlook for IPOs in 2025 is all about growth opportunities, she told Yahoo Finance Executive Editor Brian Sozzi on the Opening Bid podcast from the World Economic Forum. Specifically, with expectant changes to regulation: "I think regulation is another thing that just keeps companies from wanting to tap the public markets because they know that being a public company is a very different existence. Our hope is that in the new administration, they're going to focus on the challenges and what I'll call the tax of being a public company."

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.

Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.

Thoughts? Questions? Fan mail? Email us at [email protected].

00:00-Adena Friedman on Opening Bid

00:46-How the new administration will impact IPOs

01:40-Reflecting on 2024

05:30-Sectors to watch

08:00-President Trump's meme coin

10:58-Future of tech and AI

15:30-Market guidance

16:10-DEI in finance

Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.

Adena Friedman has been the Chief Executive Officer of Nasdaq since Jan. 1, 2017, and was appointed Chair of the Board of Directors on Jan. 1, 2023.

Learn more about your ad choices. Visit megaphone.fm/adchoices