Snapchat's $3B IPO Leads Rebounding Tech Market

By Tom Zanki (February 17, 2017, 8:18 PM EST) -- Technology initial public offerings are poised to awaken from their slumber, according to findings of a new analysis by Fenwick & West LLP that point to positive signs that began around Labor Day, and experts say momentum can accelerate if Snapchat maker Snap Inc.'s $3 billion IPO prospers.

The Fenwick & West study released Friday — coincidentally one day after Snap launched a highly anticipated $3 billion IPO — analyzed data of 51 global technology and life sciences offerings in 2016. Total offerings from both sectors combined fell sharply from the boom years of 2014 and 2015, when they recorded 140...

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