Making a killing on initial public offerings used to be easy.
At the peak of the technology boom, little more than a decade ago, a plentiful supply of companies vied to sell stock on the exchanges, and investors were assured mouthwatering returns.
Companies are set to raise more than $45 billion through IPOs this year — the most since 2007. But if you scratch the surface, there are signs that the market is less healthy than it appears.
November 26, 2012 at 12:00 AM
1 minute read
Making a killing on initial public offerings used to be easy.
At the peak of the technology boom, little more than a decade ago, a plentiful supply of companies vied to sell stock on the exchanges, and investors were assured mouthwatering returns.
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