IPO Market Will Stay Hot Into 2015, Energy Issues Packing Pipeline
It's been a record year in the IPO market thus far and that should continue into 2015 with over 120 companies in the pipeline seeking to raise over $80 billion.
2014 has been a record year in the IPO market thus far and that should continue into 2015 with over 120 companies in the pipeline seeking to raise over $80 billion, said Jackie Kelley, Global IPO Leader at Ernst & Young. Kelley said biotech and social media IPOs will continue to be in demand due to their innovative qualities and despite the volatile nature of those sectors in the past year. She said Alibaba's successful public offering will open the door for more Chinese companies seeking to list in the U.S. Finally, Kelley said energy companies seeking to go public will not be deterred by lower oil prices.
