First Day Pop Doesn't Spell Long-Term Success for IPOs
Recent tech IPOs have had great first days, but performance has lagged since then, says Morningstar's James Krapfel.
Jeremy Glaser: From Morningstar, I'm Jeremy Glaser. Facebook has been dominating the IPO headlines, but how is the health of the rest of the IPO market? I am here today with IPO strategist James Krapfel to take a pulse of that market. James thanks for joining me.
James Krapfel: Thanks for having me, Jeremy.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.