2014 IPOs Already Beating Last Year's Numbers




TheStreet TV show

Summary: 2013 was a stellar year for initial public offerings (IPOs), but 2014 is setting the stage for an even better year. Tim Keating, CEO of Keating Capital is seeing increases across the board. More IPO's have been priced year-to-date, the total proceeds raised is better and even the filings are up. Not only is the quantity better, but the performance of these IPOs is beating the S&P 500. The average IPO has returned 18% year-to-date, while the S&P 500 is down 2.8%.