What A Recent IPO May Be Doing For U.S. Stocks

Stock-ExchangeWe’ve written quite a bit about the Alibaba IPO on Zenect Wealth but we haven’t on Hot Stock Analyst, so today’s article discusses how the Alibaba IPO may show the strength in U.S. stocks. Here’s a quote from the article, “thanks to Alibaba, IPO issuance already has topped last year’s total and is on its way to the biggest year by deal value in more than a decade, according to data from Dealogic. In the year to date, IPOs in the U.S. have raised about $69 billion. That is up from $62 billion in all of 2013. The record was set in 2000, when IPOs garnered $105 billion.” To read more, CLICK HERE.

You may also like