All a Twitter: Why IPOs Are Back


All a Twitter: Why IPOs Are Back

by Dan Brecher on September 24, 2013

Twitter, Inc. recently announced plans for an initial public offering (IPO). The news confirmsthat companies are increasingly deciding it's a good time to get into the game.

As of August 31, a total of 131 companies have filed to become public in 2013, compared with just 91 during the same time period last year. Other well-known companies that have recently disclosed IPOs include Chrysler Group LLC and Hilton Worldwide Inc.

IPOs are also providing solid returns for investors this year. According to Renaissance Capital LLC, the average return of the IPOs completed in 2013 is 36 percent. Other companies are doingeven better. The value of Shutterstock Inc. stock has increased 250 percent since its IPO 11 months ago. Stemline Therapeutics Inc. has seen its shares rise 265 percent.

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Published In: Finance & Banking Updates, Intellectual Property Updates, Mergers & Acquisitions Updates, Securities Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Daniel Brecher, Scarinci Hollenbeck | Attorney Advertising

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