Vanda Research forecasts record retail buying for Anthropic IPO

Anthropic could see record retail buying during its upcoming market debut, potentially surpassing SpaceX to become one of the biggest single-day retail purchases in history, according to Vanda Research. The research firm projects about $250 million in net retail buying for the IPO, driven by pre-IPO perpetual futures activity on exchanges like Hyperliquid. Anthropic is targeting a valuation of up to $1.4 trillion, with shares expected to begin trading on the Nasdaq on November 19. Open article →