Wall Street’s Run = Mega Profit = Mega IPOs
Because of the incredible performance of the market this year, every venture capitalist on earth is looking to profit while they can.
But are we too late…
Will the market fall?
Maybe… Maybe not.
But venture capitalists aren’t waiting around to find out. It’s all in or it’s nothing.
Here’s the skinny…
June 30 ended Q2 and it was an impressive run for the IPO market; it turned out to be the most active quarter since, well the quarter before, and before that, since 2000 when IPOs were absolutely gangbusters.
In Q2, there were 83 IPOs priced and with that, IPO issuance was up 30% sequentially and 36% year-over-year.
The number one offering was biotech in Q1 and when they started to waiver, Q2 followed up with a cash medley of tech, energy, financial and consumer.
Looking at the numbers, IPOs averaged around a 9% on the 1st day trade and 11% in the after-market, which in the scheme of things isn’t all that terrible.
The IPOs had a bit of a stumble in March and April because of the selloff, but afterwards have come back very strong and even biotech came roaring back.
There were 10 Chinese companies which debuted as well in Q2, the highest amount since 2010 and they’re all laying the groundwork for what I believe will be one of the largest and most profitable IPOs of our time (more on that IPO next week).
In total, Q2 saw 117 companies file for IPOs, 19% more than last quarter and 54% more than the Q2 2013.
And I can tell you this – get ready for some very big movements, some very big profits and records being set. We’re in the midst of something big here.
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