April 12 (Reuters) - Shares of UL Solutions ( ULS )

climbed 21.43% in their market debut on Friday, valuing the

safety solutions company at $6.8 billion.

The strong debut offers another sign that U.S. initial

public offerings are on the road to recovery.

The IPO market is seeing a rebound in activity in 2024,

after a dry spell of almost two years as high interest rates,

market volatility, and geopolitical turmoil weighed on

investors' risk appetite.