IPO Froth Disappears, and Investors Wonder if a Chill Is On the Way

With the tech sector growing stormier by the day, the waters of the IPO market have been roiled as well.

January, February and March have each set records for the dollar value of IPOs coming to market. But, befitting the new-issue glut that several IPO watchers say has formed, March saw a marked decline in IPOs' aftermarket performances and an increase in the number of issues trading below their offer prices.

Now, as offerings get delayed or pulled altogether, market watchers are wondering how hard it will be to sell an IPO if Nasdaq continues its recent antics. And the recent tech selloff has some pointing to nontech deals as the ones to watch while tech continues to get battered.

Ebb and Flow

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