The IPO Market: More Deals, Smaller Prices

Fashion designer Michael Kors, second from left, founder of Michael Kors Holdings, at the New York Stock Exchange for his company's IPO on Dec. 15 Photograph by Andrew Gombert/epa/Corbis

There’s a nice little boom under way in the IPO market. This year saw the highest first-quarter IPO volume since 2007, with 44 companies raising a total of $5.8 billion, according to research by PricewaterhouseCoopers. Shares of 80 percent of those companies have risen from their initial price.

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