Tuesday, July 8, 2014

IPOs Keep Roaring

The IPO market continues to roar. According to Renaissance Capital, an IPO research firm, 83 new companies made an initial public offering for their stock in the second quarter of this year. That's up from 64 IPOs in the first quarter, and the highest quarterly figure since 2000, when we were in the middle of the dot-com boom.

It looks like this trend is going to keep going for a while. There were another 117 companies that made the initial filings for an IPO last quarter. That's the highest that number has been since 2004.

One thing helping along this surge is the growth of IPOs from China; there were ten of those last quarter alone.  The most-anticipated Chinese IPO is still to come: Alibaba, the largest e-commerce site in China, is expected to raise $20 billion in its stock offering, scheduled to take place in early August.

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