A bumper crop of IPOs?

corncrop

If the IPO market is a cornfield, the corn isn’t quite as high as an elephant’s eye — but it’s a far sight better than the measly crops we’ve had lately.

IPO preliminary filings this month: four, two of which are slated for $500 million each. Half a billion dollars isn’t a big IPO in normal times, but it’s a lot bigger than what we’ve been getting.

IPO market debuts on deck for this week: also four. If they all go ahead with their offerings, it will be the busiest week since . . . [digging through files] . . . May of 2008.

So, are we back on track for a healthy IPO market with some regular flow to it? I think we’re at least growing in that direction. But I’m not prepared to declare a successful 2009 harvest yet.

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Photo by Kevin Dooley, used under a Creative Commons license.
Category: Economics, IPOs

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[...] I’ve said before, I’m not ready to proclaim that the IPO market has recovered — and, indeed, I think [...]

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