IPOs Poised For Slight Uptick

Issuance is dramatically lower than last year, but companies still pull off successful public offerings

May 19, 2008

Professionals at brokerages hope the pace of new initial public offering issuance will pick up now that the worst of the credit storm seems to have abated. This year Wall Street completed just over one-third of the number of IPOs it assembled in the first five months of 2007, but there is evidence that the market is changing course.

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