Poor IPO-Stock Performance Weighs Further on New-Issue Market

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Poor IPO-Stock Performance Weighs Further on New-Issue Market
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The IPO market is in a deep freeze this year. One big reason: the horrible performance of shares listed last year.

Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership.

Roughly 87% of companies that went public in the U.S. last year are trading below their offering prices, down more than 49% on average as of Friday’s close, according to Dealogic. By rough comparison, thea WSJ membership
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