Internet and Digital Media Update - January 2023

01/04/2023 | 10:47:16 AM

The S&P 500 and Nasdaq indices closed in red on Tuesday, both down -0.40% and -0.76% respectively. For the month of December, the S&P 500 index decreased -14.9% and the Nasdaq index decreased -31.4%. November inflation (CPI) increased +0.1% from October and increased +7.1% YoY. The CPI index report for the month of December will be released January 12.

The Internet & Digital Media Update provides individuals with a summary of relevant public company performance, select mergers and acquisitions, and private company transactions.

In this issue:
  • Piper Sandler Overview
  • Class of 2022 & 2021 Technology IPOs Performance
  • Public Company Performance: Marketplaces, Digital Media & Content, Social Platforms, Marketing & Advertising, Travel & Hospitality
  • M&A Transactions and Financings



Matthew Ochsner

Managing Director, Internet & Digital Media