MarketWatch | Bullish’s stock is still rallying, as the IPO market refuses to take a summer break this year

August has traditionally been a quieter time for initial public offerings as bankers head out of the office for summer vacations. But with the stock market and bitcoin climbing to record highs, those bankers are giving up their summer breaks so they can be a part of the hottest IPO market in four years.

“This year there is more activity than normal for an August, partly due to companies such as Bullish not wanting to delay, given the investor enthusiasm for anything crypto-related,” said Jay Ritter, a finance professor at University of Florida who tracks the new-issues market.

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