In Defense of the IPO and How to Improve It, Part 2: Peeking Behind the Pop
Ben's Blog
OCTOBER 29, 2020
Interestingly the data for the 1990-98 and 2001-19 time periods are roughly the same – approximately one-quarter of deals priced above the initial filing range. Taken together, we can hypothesize that overall investor demand for IPOs was weaker in 1980-1989, in the middle in 1990-98 and again in 2001-2019, and highest in the dot-com bubble.
Let's personalize your content