The IPO Buzz: When IPOs Hit ‘Rewind’
By: John E. Fitzgibbon, Jr.
Watching today’s IPO market is much like watching grass grow. By Friday, April 24, this year’s new-issues calendar had produced just five deals. That’s not unexpected, given recent market conditions. Actually, it wasn’t all that long ago that we witnessed the same scenario unfold. It was in the 2002/2003 markets.