Saturday, June 30, 2012

FB IPO aftermath


Today also marks a little history, thanks to FB IPO. This June is the first June that there is absolutely no IPO in the market in the US history for the past 40 years. (Burger King's re-listing does count as IPO and they change their ownership faster than Kardashian changes her boyfriend)  June typically is the most active month for IPO as Investment Bankers try to get the company listed before all the investors heading to the beach for July 4th. After FB flop, IPO fell 34 % this quarter, marks the second worse quarter since 2009.


1 comment:

Unknown said...

ServiceNow actually went public last week...
http://in.reuters.com/article/2012/06/29/us-servicenow-ipo-idINBRE85S0W620120629