European Tech Firms Seek to Share in US IPO Bonanza

European Tech Firms Seek to Share in US IPO Bonanza
A view of the exterior of the Nasdaq market site in the Manhattan borough of New York on Oct. 24, 2016. Shannon Stapleton/Reuters
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LONDON—Some of Europe’s tech companies are preparing to speed up listing plans early next year to grab some of the billions of dollars of investor cash that has already fueled a record-breaking run of tech IPOs in the United States this year.

Tech sector valuations, already red hot prior to the COVID-19 pandemic, have hit eye-popping levels as investors bet that trends such as online shopping and food delivery will outlast the crisis.