So far this week, four highly touted Internet initial public offerings have come out of the box flat. Some think their less than spectacular performance could be a signal that finally the supply of new IPOs has caught up with — or exceeded — Wall Street’s demand.
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Has the IPO Bubble Burst?
Posted by: Chet Dembeck August 6, 1999 12:00 AMSo far this week, four highly touted Internet initial public offerings have come out of the box flat. Some think their less than spectacular performance could be a signal that finally the supply of new IPOs has caught up with — or exceeded — Wall Street’s demand.