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High Flying IPOs Five Years Later
By Will Ashworth | January 27, 2010
There were 58 initial public offerings in 2009, up from 43 the year before. The five best performing IPOs averaged a 110% return, which is excellent. However, when compared to IPOs that went public five years ago, the first-year returns are paltry. In 2004, the average for the five best performing IPOs was 226%, twice those of this past year.
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Topics: Free Financial Feedback |
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