Corporate
Jan. 10, 2017
In slow 2016, California ranks high in IPO activity
Twenty-one California-based companies went public in the U.S. in 2016, raising a collective $1.78 billion. That's down from 37 initial public offerings in 2015 that raised $4.78 billion.
Daily Journal Staff Writer
Twenty-one California-based companies went public in the U.S. in 2016, raising a collective $1.78 billion. That's down from 37 initial public offerings last year that raised $4.78 billion.
The state was home to nearly half of all technology companies that went public in 2016.
All the California companies that went public last year averaged a gain of 38.6 percent from the offer price, ...
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