The past 12 months has seen several big name initial public offerings come to market. Should investors hurry to participate? Charlotte Richards finds out.
At the end of last year a number of initial public offerings (IPOs) were withdrawn from the market. Banco Santander, UK online payments firm, Skrill Group and UK vacuum pump makers, Edwards Group all backed out of offerings at the last minute prompted by the market sell-offs. However despite this, 2011 saw some of the biggest and most anticipated IPOs of recent years. LinkedIn shares more than doubled on its first day of trading in May. Shares for the professional social networking website opened at $83 on the New York Stock Exchange, an increase of 83% from its initial price of $45. ...
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