MassMutual Market Update: June 15, 2026

Courtesy of Allen Davis, CFP®

We would not judge you if you woke up recently, looked at your local newspaper and wondered if you were in the heyday of the late 90s with the sudden burst of IPOs. We would also not judge if the words, “hey honey, there’s a typo in this darn newspaper again…” echoed through your hallways after looking at some of the estimated valuations.  Unfortunately, yes, those valuations may happen, and yes, a burst of IPOs is occurring.  What follows is a quick synopsis of what is happening, why it’s giving wise investors pause, and then we end with a bit of perspective.  What’s actually happening: After a very quiet stretch from 2022 through 2024, the IPO market has reopened, and it’s reopening with some weight behind it. Activity picked up meaningfully last year and the pipeline for 2026 is as full as it’s been in several years.