The market for initial public offerings is hot, possibly even white hot, according to the article "The IPO Market's Baby Boomlet" by Jack Willoughby that appeared yesterday on Barron's.com. Forty-four IPOs priced in the second quarter of this year, the most since the fourth quarter of 2006. Conditions are good for the IPO market: the stock market is up, volatility has been low and IPOs have performed well out of the gate, with IPOs in the first half of 2013 up nearly 17% on the first day of trading. Other factors cited have been the passage of the JOBS Act last year as well as institutional investors shifting away from being risk averse to seeking growth. The article goes on to discuss how biotech deals have benefited from this trend. The article also identifies companies that are rumored IPO candidates, including:
It's a good article and worth a read. Here's the link: http://online.barrons.com/article/SB50001424052748704329604578638300022357518.html#articleTabs_article%3D1
- Twitter (social media);
- Dropbox (file sharing);
- Chegg (online textbook rentals);
- Violin Memory (flash memory arrays);
- Sugar CRM (salesforce automation);
- Foursquare (social networking);
- Spotify (subscription music streaming); and
- King (mobile games).
It's a good article and worth a read. Here's the link: http://online.barrons.com/article/SB50001424052748704329604578638300022357518.html#articleTabs_article%3D1
