Most of the IPO activity in Q3 closed in July and the number decreased 51.5% from the Q3 period in 2010; however, the number of companies in the que at the end of Q3 are 181 versus 133 at end of Q3 2010, a 36.1% increase. Technology and oil & gas companies lead the way. Is this RECORD pipeline good or bad for these registrants?
“The US IPO pipeline is full and primed for companies to go public in Q4 despite continued market swings and volatility according to Ernst & Young’s US IPO Pipeline Analysis. The update, reported during the third quarter 2011, showed that Technology and Oil & Gas companies combined accounted for 48 percent of the IPO registration, and when the market regains its footing, these sectors will likely dominate IPO activity….” Read more….