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Author:Farrell, C.
Title:The boom in IPOs
Journal:Business Week
1995 : DEC 18, VOL. 3439:769, p. 46-52
Index terms:ECONOMICS
FINANCE
CAPITALISM
Language:eng
Abstract:Bond prices are surging. The stock market is on a roll. And Wall Street is bombarded almost daily by companies selling stock for the first time. The action in these initial public offerings (IPOs) dwarfs anything seen in the past quarter century. Newly minted companies are on track to raise a record-breaking $12 billion this quarter, bringing the year's total to some $29 billion. Entrepreneurs are raking in the coin. The IPO market is even creating a few billionaires overnight. It's fueling innovation and transforming the US economy.
SCIMA record nr: 142339
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