By: John E. Fitzgibbon, Jr.
You’re going to hear a lot about the summer doldrums starting early this year, with the IPO ship just about stalled. Nothing was priced last week, which happened to be the first week of June. There’s just one deal on this week’s calendar. And there are only two in the third week of June. But don’t believe everything you hear –- or read. The irony is this: There is no such thing as a “summer doldrums” period for the IPO market. It’s a myth.