With equities hitting all-time highs left and right, it is no surprise that IPOs also have been red-hot. For the year so far, 196 companies have pulled off offerings. And the average return is a sizzling 32.12%.
While there is much talk of bubbles, the fact is that the current IPO market has been fairly diverse, with deals from real estate investment trusts, hotels, energy operators, biotech firms and of course, some dot-coms like Twitter (TWTR).
There seems to be something for every investor.
So, which companies pulled of the the hottest IPOs this year? Well, fortunately for IPO investors, there were plenty of candidates for this hot offerings list, with 20 deals gaining more than 100% this year.
Here’s a countdown of 2013’s five hottest IPOs.