Author Archives: admin

When Father Time closed the door on 2006, the numbers for the year’s IPO market were similar to 2005’s. At the Labor Day break, that didn’t seem possible. On Sept. 1, the year’s IPO traffic was well behind a year ago.

 

Last week’s IPO market left a few footprints in the sand and a few broken records.

 

The IPO juggernaut just keeps rolling through December. Eighteen deals were priced last week, and bankers plan to price another 11 deals this week. This surge puts 2006 on course to surpass last year’s IPO traffic.

 

A handful of IPOs exploded in Friday’s market much like an eruption from a smoldering volcano. They scored an average opening-day gain of nearly 40 percent. But the event that led up to Friday’s fireworks didn’t just happen overnight.

 

Wall Street is getting ready for its own holiday rush, with the IPO calendar pointing to one of the busiest Decembers in five years.

It may have rained on Macy’s Thanksgiving Day parade, but the sun was shining  on the IPO parade at the corner of Broad and Wall Streets.