NEW YORK ( TheStreet --There are seven companies in the IPO pipeline that could top $1 billion.
If all seven were to price before the year's end, 2011 would match 2001 for billion dollar offerings. But just because an offering is in the big money category, that doesn't mean it's going to be successful. Granted, more investors have an opportunity to get in but that can be a curse and not a blessing.
So far, three of the five members of the billion-dollar club that have gone public in 2011 have underperformed.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts