The Best Performing U.S. IPOs of 2023 🐂

What we’re showing

The top U.S. IPOs of 2023, ranked by their % return as of Dec 29, 2023.

Key takeaway

Jin Medical was the highest performing IPO in 2023, though the company is set to be delisted from the Nasdaq for failing to meet Listing Rule 5550(a)(3), which requires the firm to have at least 300 public holders.

According to an article from Benzinga, Jin Medical is a Cayman Islands holding company that owns Chinese manufacturers of wheelchairs.

Additional context

Other top-performing IPOs in 2023 included healthcare names like RayzeBio, a clinical-stage radiopharmaceutical therapeutics company, and Structure Therapeutics, which focuses on “small molecule medicines”.