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Investments

Jan. 3, 2012

IPOs plagued with volatility in 2011

For U.S. initial public offerings in 2011, it the best of times and the worst of times.


By Robert Pierce


Daily Journal Staff Writer


For U.S. initial public offerings, 2011 was the best of times and the worst of times.


"It was sort of a tale of two markets," said Horace L. Nash, co-chair of the securities group at Fenwick & West LLP.


Overall, IPOs stumbled from the previous year with fewer deals raising fewer proceeds. However, Internet IPOs boomed to their highest level in over a decade, and Cooley LLP was...

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