Part three of a three-part series. When a company goes public through an initial public offering (IPO), it raises capital for expansion by issuing new shares of its stock. While…
Investing in an IPO
Part two of a three-part series. Investors frequently are attracted to the stock of newly public companies. The big money, though, is often made by those who invest before and…
IPOs’ Record Rebound
Part one of three. Good things happen even in a bad year. In January, we wrote about many of the good things that happened in the abysmal year of…
An IPO Revival?
The initial public offering, or IPO, may not be approaching extinction after all. Renaissance Capital called the first quarter of 2018 “the biggest quarter in a decade.” And that was…
Consider Both Sides of the Digital Coin
The initial public offering, or IPO, has barely had an impact on financial markets since the millennium began. Will the initial coin offering, or ICO, fare better? A revival of…
“When Free Enterprise Dies, America Dies With It”
Public ownership has historically been the lifeblood of the American economy. Going public produced funding for growth, while providing investors with an opportunity to share in the company’s success. Not…
The Fed and Facebook
On the surface, The Federal Reserve Board and Facebook have nothing in common. But media speculation about Fed action is very similar to the speculation that preceded Facebook’s IPO. For…
The High Price of High-Frequency Trading
Whatever its perceived benefits, HFT is changing the way the stock market operates. It used to be that companies went public to raise capital; investors took risks by buying company stock,…
U.S. Losing Edge In Stock Listings
According to The Wall Street Journal, “A combination of mergers, fewer U.S. IPOs, lower listing costs abroad and a shift in how investors and stockbrokers do their jobs has driven…
IPOs Making A Comeback – For Large Companies
Judging by the LinkedIn IPO, “going public” may be fashionable again. Investors lucky enough to own LinkedIn shares (i.e., employees and a small number of wealthy, well-connected investors) saw their…