2013 IPO Calendar: Who to Watch
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January 21, 2013 - 1:06pm
Money Morning Article of the Week
by Ben Gersten, MoneyMorning.com
After Facebook Inc. (Nasdaq: FB) went public last year with disastrous results, the IPO calendar was empty for more than a month.
But thanks to a string of successes toward the end of 2012, the IPO market is heating up for 2013.
In fact, companies that went public after Facebook's May 18 IPO were up an average 31% through mid-December from their IPO price, with the S&P 500 only up 11% in that time.
As we start 2013, the overall pessimism that engulfed the IPO market since Facebook went public has disappeared.
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