Initial public offerings are back in full swing.
Fundraising volume globally is expected to recover to pre-pandemic levels this week with sizable listings by companies including Warner Music Group Corp. and NetEase Inc. set to raise a total of more than $6.4 billion, according to data compiled by Bloomberg.
After weeks where IPO activity was limited to mostly special purpose acquisition vehicles and biotechnology companies, June brought back high profile deals as volatility dropped to more normal levels. The Chicago Board Options Exchange Volatility Index, known as the VIX, has been hovering around the high-twenties in the past two weeks, the lowest since late February.