|
|
|
|
IPOs Are A Losing Proposition in 2000 By A Factor of 2 to 1
So far in 2000, IPO losers are outpacing gainers by a factor or 2 to 1. 70% of the 439 new offerings are trading below their offering prices.
By comparison, in 1999, only 20% of the 543 IPOs fell below their offering prices by the end of the year.
There is some good news. While IPOs on average are down this year 22%, that is better than the NASDAQ composite.
Source: Wall Street Journal, December 4, 2000
|
Sponsored by James J. Eccleston. This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice.
Always consult an attorney and/or investment adviser when building and protecting your wealth.
All content Copyright © 2010 Advocate Compliance Partners, Inc. except where noted. All rights reserved.
One North Franklin Street, Suite 2620, Chicago, IL 60606
Telephone 312-332-0000 | Fax 312-332-0003
|
|
|
|
|
