There are two unusual things shaping this week’s IPO market. When the sun came up today, Wall Street was closed for Martin Luther King Jr. Day, the national holiday celebrating the birthday and the legacy of the slain civil rights leader. He would have turned 90 on Jan. 15th. When the U.S. stock market closes […]
January 21, 2019 Read MoreThe word around Wall Street is there will be no IPOs in January. But don’t believe everything you read. Look at the facts. The finger of blame points at the record shutdown of the U.S. government. (Monday will mark Day 24 of the government shutdown, making it the longest in U.S. history.) The shutdown put […]
January 13, 2019 Read MoreOne of the biggest hits of 1923 was “Yes! We Have No Bananas.” Just one week into 2019, the IPO Calendar reads the same: “Yes! We have no IPOs.” But this is a seasonal factor. It takes two major elements to pull a calendar together: The IPOs and the U.S. stock market. Looking back over […]
January 6, 2019 Read MoreThe year 2019 is being billed as a great year for IPOs. It’s expected to be the ride of the unicorns, if you believe the IPO experts quoted in the financial press. A unicorn, of course, is a private company with a valuation of $1 billion or more. Uber (valuation $72 billion) and Lyft (valuation […]
January 1, 2019 Read MoreOn Friday, Dec. 14, 2018, three IPOs made their debuts and that wrapped up 2018’s new-issues market. The calendar is “clean and green” from now until the end of the year. This year’s curtain call is a little ahead of time. Looking back over the past six years, the IPO Calendar usually closed down during […]
December 16, 2018 Read More