What can be said about the initial public offering (IPO) market for 2011?
It was much better than 2008.
According to Practical Law The Journal (a terrific publication, by the way), there were 61 IPOs of $50 million or more by United States companies in 2011. That's down 18% from 2010, but up 70% from 2008. The hottest industry was social media/Internet, which accounted for 33% of 2011's US IPOs. As of December 31, 2011, there was a backlog of 202 companies that have filed their initial registration statements but have not yet had their IPOs go effective.
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