Two initial public offerings scheduled for this week will mark the busiest period for the IPO market since August, a hint that institutional investors may be ready to take risks on new public companies.
Bridgepoint Education, a San Diego-based provider of online and classroom education services, is set to price its $216 million IPO later Tuesday and to begin trading on the New York Stock Exchange Wednesday under the ticker symbol BPI. The stock is expected to price between $14 and $16 a share.
Meanwhile, Arlington, Va.-based language-software maker Rosetta Stone is set to price shares between $15 and $17 for its $106 million IPO. Analysts expect the offering to price on April 16, with shares trading under the ticker RST the following day.
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