IPO pipeline welcomes some profitable companies, raising hopes for a rebound


The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies.

The IPO market has been limping of late, after a flurry of recent deals flopped either from day one or in the aftermarket. The market is unlikely to be lifted out of the doldrums until new issues start to climb above their IPO prices and investors start to make money again, said Ross Carmel, partner at Sichenzia…

Source link

Leave A Reply

Your email address will not be published.