IPO Report: IPO pipeline welcomes some profitable companies, raising hopes for a rebound

Daily Trade

The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies.

The IPO market has been limping of late, after a flurry of recent deals flopped either from day one or in the aftermarket. The market is unlikely to be lifted out of the doldrums until new issues start to climb above their IPO prices and investors start to make money again, said Ross Carmel, partner at Sichenzia…

Articles You May Like

Top Wall Street analysts like the growth opportunities for these three stocks
Quantum stocks like Rigetti plunge after Nvidia’s Huang says the computers are 15 to 30 years away
Latest Jobs Report Is a Major Warning Sign But Not a Death Blow
How Emerging Inflation Risks Could Derail Investors’ Bullish Dreams
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle