Is the IPO market in the US about to heat up
Is the IPO market in the US about to heat up? It's been less than two weeks since the successful launch of GoPro (GPRO), and the stock is still trading $20 above it's IPO price of $24. Perhaps in a more optimistic sign, King Digital (KING) has finally climbed above its March IPO price of $22.50 (albeit briefly). King had been the worse performing iPO this year and was showing serious signs of Zynga-ing. Of course, ZNGA is the mobile/internet gaming company which IPOed with a lot of hype but has mostly failed miserably since then. KING on the other hand, is showing strong signs of growth and continues to diversify its game lineup while generating positive cash flow. The company's Candy Crush Saga is one of the most played games of all time. At this rate, we should expect more IPOs forthcoming. (VIEW LINK)
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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