IPO Boom Leaves Smaller Companies Behind

Juan Ramon Alaix (second right), chief executive officer of Zoetis, applauds after ringing the opening bell at the New York Stock Exchange on Feb. 1, 2013 Photograph by Jin Lee/Bloomberg

Initial public offerings are booming, according to data compiled by Bloomberg: U.S. companies raised $8.91 billion in the first quarter of the year, up 44 percent from a year ago.

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