Investments
Oct. 8, 2011
IPOs still lagging in volatile market
Weeks of topsy-turvy stock markets have continued to take a toll on companies aspiring to go public. But two expected big deals could turn it all around, experts said.
Daily Journal Staff Writer
PALO ALTO - Weeks of topsy-turvy stock markets have continued to take a toll on companies aspiring to go public.
The third quarter of 2011 saw only 18 companies go public, down from 46 in the second quarter. In September, no IPOs priced, the first time a month has gone by without an IPO since March 2009. Seventy-five IPOs were filed and 20 were withdrawn. So far this month, no IPOs have priced, altho...
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