By  on December 18, 2017

The U.S. initial public offering market this year saw activity rise by 50 percent to 160 deals, with the IPOs averaging a 21 percent return.

The 2017 IPO market was led by industrials, biotechs and U.S. tech. Renaissance Capital, which tracks the IPO market, expects that 2018 will see an increase in technology IPOs. The tracking firm also predicted that the tech sector could be led by Lyft, Pinterest and Dropbox.

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