After LinkedIn: IPO Boom Likely Despite Volatile Market |
CNBC.com - May 19, 2011 |
Recent stock market volatility is unlikely to derail the recovery of the initial public offering (IPO) market, which boasts the biggest pipeline in 11 years, experts say.
“There are too many fundamentally high-quality companies in the pipeline—we haven’t seen this in years—and any affects of equity market volatility will be short-lived”, says Paul Bard, research director of IPO research and investment firm Renaissance Capital.
There are currently 175 companies waiting in the IPO pipeline, the largest amount since 2000, representing potential $40 billion in proceeds, according to Renaissance Capital. So far this year, 62 companies went public and 124 companies filed for an IPO, a 20 percent increase from last year.
Read Full Article from CNBC.com
- Posted: 2011-05-19 11:09:07
More Stock Investor Place Top Stories |
|
|
|
Stock Investor Place Top Stories Archive |
|
|