Corporate
Apr. 1, 2016
IPO market slowest since first years of recession
The volume of initial public offerings this year so far has stagnated to a level not seen since the market doldrums of 2009 when just one company priced in the first quarter.
Daily Journal Staff Writer
The volume of initial public offerings so far this year has stagnated to a level not seen since the market doldrums of 2009, when just one company priced in the first quarter.
According to a report from Renaissance Capital LLC, a firm tracking IPOs, just eight companies ? all in health care ? launched offerings in the first quarter of the year, raising roughly $700 millio...
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