We’re four months into 2012, and another month’s end offers another milestone for gauging the health of the IPO market
Check out these five stats from NYSE to get a sense of where we are relative to last year, as well as Q1 2012:
1. IPO volume was up close to 10 percent YOY in April, according to a NYSE blog post. At $11.7 bn, it was ‘the highest monthly total this year.’
2. In the US, 19 companies raised $3.7 bn in IPO proceeds in April 2012, following 22 companies raising $3.9 bn the month before.
3. Only 22 percent of IPOs have priced below range, according to NYSE. Thirty-five percent, this year, were within range, and 43 percent beat the range. When you take tech out of the equation, though, only 11 percent priced above range – with 44 percent within range and 47 percent below.
4. Tech IPOs have shined, with a median performance so far this year of 38 percent, while the overall IPO market median performance YTD is around 12 percent.
5. Two highlights include Tumi, which soared 47 percent on its first day of trading, and Infoblox, up 33 percent on its debut.
