Author Archives: John E. Fitzgibbon Jr.

As July rolls into its final week, a couple of things are starting to surface in the equity capital markets. One is the return of IPOs. The other is that technology is leading the way. Last week’s calendar produced four IPOs and this week has another four. At a rate of four per week, the […]

The LINE Corporation (LN) IPO lived up to all of its early billing – and more. The deal was priced in Tokyo on Monday at 3,300 yen (US$32.84) and opened on the New York Stock Exchange on Thursday morning at US$42, UP 27.9 percent from its IPO price. That sparked a question from the financial […]

There are two things to focus on when playing in the IPO sandbox. One is the company going public and the other is its pricing terms. When the IPO sands flow from Asia in the form of a dual listing, a third dimension comes into play: market risk. Things are done differently in the Far […]

2016’s first half underscored the relationship between the stock market and the IPO calendar. Good stock markets produce active calendars. Poor markets dry it up. This year was the latter. A total of 41 IPOs (*) were priced during 2016’s first half, according to the U.S. Securities and Exchange Commission filings. That was down from […]