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