June 4, 2007
Hot Market, Unprofitable IPOs Again
Nearly half of the 84 companies that have done IPOs thus far in 2007 were unprofitable at the time of the offering, the biggest percentage since 2000. Unlike in the dotcom era, these companies are not just in the tech industry, but other sectors as well, including health care and energy. See WSJ, In the Red,Selling Stock.
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