2010 has turned out to have some great IPO winners so far. Sure there have been some losers, and some big losers. But there are many winners. Some of the top IPOs we wanted to review are MakeMyTrip ( MMYT), HiSoft Technology International ( HSFT), ChinaCache International Holdings ( CCIH), Qlik Technologies ( QLIK), Molycorp ( MCP), Fabrinet ( FN), AutoNavi Holdings ( AMAP), IntraLinks Holdings ( IL) and Green Dot ( GDOT). We have just listed these mostly in order of performance, and reviewed their performance and some of the prospects that lie ahead. The common theme here is that many of these are foreign companies or interests which tie in with foreign competition needs. MakeMyTrip, the Indian travel agency, still holds the pole position for IPOs. After a $14 IPO, shares are up over 170% at $38.30. Not bad for an August IPO. It was the best IPO since 2007, although there is a new IPO that rivals it for now. Due to valuations, there is a mixed analyst bag so far. HiSoft Technology International is also up almost 150% at $24.81 after a $10.00 pricing on June 30, which was the peak of the gloom in the markets when it came public. Think outsourced IT services, but in China rather than India.
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