The IPO market could be ready for a big year in 2024 after a dismal 2023, with companies like Reddit, Skims, and Shein expected to go public. Renaissance Capital Senior Strategist Matthew Kennedy joins Yahoo Finance to comment on the expectations for Reddit and Shein public listings, and the overall optimism for IPOs in 2024.

"These past few years have built up a bottleneck of companies, that pipeline of IPOs has grown and grown. More companies want to go public. We've seen IPO filings reflect that," Kennedy says.

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Editor's note: This article was written by Luke Carberry Mogan.