IPO Market Ends Quarter At Lowest Level In Two Years

By | March 31, 2015

Scalper1 News

After a record 2014, the U.S. IPO market slowed sharply in the first quarter, with its lowest number of initial public offerings in two years. The 34 IPOs in Q1 raised $5.4 billion, marking the fewest IPOs since since Q1 2013 and the smallest in proceeds raised since Q3 2011, according to Renaissance Capital. The health care sector accounted for 47% of the IPOs, mostly biotechs and small medical device companies. The best-performing IPO in Q1 was Scalper1 News

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