A note to my students: we start IPOs next week!
Business Week's look at the current IPO market.
How The IPO Market Got Its Buzz Back: "With 32 offerings priced since Jan. 1, up 14% from the same time last year, 2006 is shaping up to be the busiest year for new issues since before the tech crash.
And IPOs are performing well in the aftermarket. They returned an average of 18% in 2005 and 10% so far this year, according to Renaissance Capital in Greenwich, Conn., vs. returns of just 5% and 1%, respectively, for the Standard & Poor's 500-stock index."