The U.S. IPO market appears to be getting its mojo back, according to the Wall St Journal report. As March comes to a close with what could be the busiest week for initial public offerings since late 2007, before the financial crisis sapped sentiment, it has become clear that pricing and performance of new stocks have vastly improved compared with past months.
Increased investor interest in new stocks was on display Thursday, when mobile-advertising-service provider Millennial Media Inc. leapt 92% on its first day of trading, the best pop since LinkedIn Corp. rose 109% in May 2011. Millennial nearly doubled even after pricing at the high end ...
Find out more at http://online.wsj.com/article/SB10001424052702303816504577312033651818686.html?mod=WSJ_hp_LEFTWhatsNewsCollection
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