Category Archives: The IPO Buzz

By: John E. Fitzgibbon, Jr.

 

There’s something to be said about a 1,000-point plunge in the Dow Jones Industrial Averages. It became the lead story for the media and quickly underscored the flaws in Wall Street’s trading system. Nevertheless, we’ve been there before – overextended debt, a cause of today’s worries, and overtrading. Look back 137 years and consider the following article: “The only thing new is the history we don’t know.”

 

 

By: John E. Fitzgibbon, Jr.

 

In case you haven’t noticed, 2010’s IPO traffic is building. In April, 14 new issues were priced. The last time more came to market in a single month was in December 2007 with 23 deals. April’s IPO calendar raised nearly $2 billion. In addition, another 33 companies filed to go public to raise nearly $7 billion.

 

 

 

 

By: John E. Fitzgibbon, Jr.

 

Wall Street is a numbers game. Stocks are quoted in numbers, their indexes are defined by numbers and the IPO traffic is calculated in numbers. By the end of the first quarter of 2010, the new-issues numbers confirm the trend cited by the financial media: IPOs are back in town.

 

By: John E. Fitzgibbon, Jr.

 

Technology IPOs duck through the ropes to headline this week’s card. They could produce some heavyweight excitement, according to investment professionals.

 

 

By: John E. Fitzgibbon, Jr.

 

This week’s IPO calendar has a few deuces -– two out of China, two technology companies and two carryovers from last week. It’s also the first week of spring and it could be a sign of better things to come in the IPO market. All told, bankers have lined up seven new issues to make their public debuts for the week of March 22nd. That’s the busiest weekly calendar since December 2009.

By: John E. Fitzgibbon, Jr.

 

Last week was nothing to write home about and this week looks to be about the same. However, if you had been watching the U.S. Securities and Exchange Commission’s filing window, you’ll see the IPO pipeline building and with some exciting names.

 

                         

By: John E. Fitzgibbon, Jr.

 

The much maligned IPO market is doing much better than people think. As of Friday’s close, March 5, a total of 75 percent of this year’s offerings had closed above their initial offering prices. That’s right -– three out of every four IPOs had closed above their offering prices this year. And they have outperformed the Nasdaq Composite Index by nearly 64 percent.