Stockholm Is Becoming Europe’s Hottest Market for IPOs

The most popular place for a company to go public in Europe this year is an unlikely one: Stockholm.

The Swedish capital is on track to raise $6.8 billion in first time offerings this year, more than anywhere else on the continent, and will host Europe’s biggest listing since 2022 when security firm Verisure Plc comes to market next week. On a global level, it’s the fifth-most popular destination, after the US, China, Hong Kong and India, a surprising feat for a market that’s a third of the size of London’s.

At a time when London’s corporate giants are ...