This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IPO Comeback In 2009 Sets Stage For Busy 2010

ERIN CONROY

NEW YORK (AP) ¿ The pipeline of initial public offerings for 2010 looks promising as private equity firms look to cash in on their investments after coming back to the nearly defunct market in the fall.

Online networking companies may take center stage. So far, the company generating the most buzz hasn't even filed for an IPO: social networking site Facebook, which has many betting its creation of a dual-class stock structure in November is a precursor to going public.

IPO market trackers say other popular online networking companies could soon offer shares to the public. Micro-blogging site Twitter and business networking site LinkedIn will likely follow if Facebook is well received. Restaurant review site Yelp and Internet telephone service Skype, which was sold by eBay Inc. to a group of private investors in November, could also join the line.

"Once Facebook makes that move, it will literally be pandemonium," said Scott Sweet, senior managing partner at IPO research firm IPO Boutique. "It will clear the way for everyone else."

As recently as six months ago, there was little excitement in the IPO market after it dried up as the economy worsened. But a flurry of debuts came in the second half of 2009 as confidence in stock markets grew.

In the last year, companies raised about $100 billion globally, and $22 billion in the U.S., through initial public offerings of common stock. The amount raised in the U.S. is about equal to the 2008 total, but that year, the majority of the money came from the $18 billion offering of credit card processor Visa Inc. Both years combined still don't add up to the $59.7 billion collected in 2007.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
LIWA $0.01 0.00%
CYOU $29.32 0.00%
EBAY $59.20 0.00%
OMER $24.32 0.00%
RST $8.41 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs