By: John E. Fitzgibbon, Jr.
As April rolls into its closing week, the IPO Calendar has three deals on the launching pad. Assuming that everything gets out the door, it would bring April’s new-issue traffic to 14 IPOs, the same number as in March. The last time more deals came to market over a two-month period in the same year was in November/December 2007 with 61 IPOs. Back then, there was a reason. The stock market had been flying, but more on this later.