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Corporate

Oct. 3, 2013

More initial public offerings, but smaller ones, in third quarter

The number of initial public offerings worldwide saw a whopping 79 percent year-over-year increase in the third quarter, according to statistics released this week by IPO intelligence service Renaissance Capital LLC.


By Dominic Fracassa


Daily Journal Staff Writer


The number of initial public offerings worldwide saw a whopping 79 percent year-over-year increase in the third quarter, according to statistics released this week by IPO intelligence service Renaissance Capital LLC.


But many of those offerings were significantly smaller than they were a year ago, and IPO proceeds fell by 9.6 percent in the third quarter compared to the year-earlier period. The re...

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