IPOs: On the Comeback Trail
The pace of new listings on U.S. exchanges has accelerated to its fastest rate since the hectic days of 1999 and 2000. This year through Apr. 17, there were 55 initial public offerings on U.S. exchanges, an 8% gain from the year-earlier period, according to Renaissance Capital, an investment adviser specializing in IPOs. Seventy-eight IPOs have been filed with regulators so far this year, a 13% rise.
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