IPOs

18 Posts

What Ails the IPO Market?

In this Friday, May 18, 2012, file photo, Passers-by are reflected in the window of the Nasdaq media center as they view reports of trading activity on Facebook's stock on the Nasdaq stock market in New York.

Global IPO proceeds declined by 27.8% in 2012. And while last year’s sharp decline was largely attributed to weakness in China and continued fallout from the sovereign debt crisis, it also appears to be part of a longer term trend. Are we witnessing a structural market change, a secular decline, or simply a cyclical downturn that will reverse? Read more

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Manchester United IPO: Yellow Card

Wayne Rooney and Ryan Giggs of Manchester United argue with a referee as he shows the yellow card (Rex Features via AP Images).

Manchester United, the acclaimed soccer club of the English Premier League, is planning to sell shares to the public in an offering to be priced August 9, 2012. While its iconic brand and loyal following are probably unsurpassed in professional sports, the valuation attached to Manchester United’s shares and the risk factors associated with ownership make this an investment to avoid, unless you are just looking for bragging rights at your local pub. Read more

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