Inside its usual range of 3% to 22%. The record is 86%, in September 2020. Up from 4% a year ago.
What it is. The median first-day gain of mainboard IPOs listed in the last three months.
How to read it. Large listing gains mean issues are priced below what the market will pay on day one. They draw more investors and more issuers, which is how IPO cycles build.
The usual range is the middle half of readings since 2016. A percentile is the share of the 126 readings since 31 Mar 2016 that were below today's. Data: statistics, history (JSON); history as CSV.
To cite: tipsheet, “Median IPO listing-day gain, last 3 months”, data to Oct 2026, https://tipsheet.markets/i/ipo-listing-gain/