U.S. IPO Volume Triples in Q2 2010

Number of filed IPOs jumped to 39 from 12 during the comparable quarter last year and the value of those filings rose to $5.1 billion from the prior period's $1.6 billion, survey shows.

The number of IPOs filed by U.S. companies tripled in the second quarter 2010 when compared with the similar period last year, according to U.S. IPO Watch, an analysis of IPO activity on U.S. stock exchanges produced by PricewaterhouseCoopers LLC.

According to the IPO Watch, which PwC produces quarterly and annually, for the June 2010 quarter the number of filed IPOs jumped to 39 from 12 during the comparable quarter last year and the value of those filings rose to $5.1 billion from the prior period's $1.6 billion.

PwC data shows that the number of U.S. IPOs registered during the second quarter 2010 is the highest for comparable periods since 2007 when 79 deals raised some $21.1 billion. Those figures slipped precipitously in Q2 2008, when 18 IPOs raised $5.1 billion. Read more...

TAGS: financial,IPO,PricewaterhouseCoopers,U.S. IPO Watch,stock exchange



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