In just a few weeks, much of the air has come out of the IPO market. The damage has been particularly hard for the high-fliers, and some of the drops have been downright scary.
Despite all the trouble, might there be some juicy stocks to buy now?
I think so. For the most part, the plunge in IPOs doesn’t look like a repeat of the dot-com bust. Back then, many of the companies had minimal revenues and huge losses. So when the capital stopped flowing, it caused a flood of disaster for investors. Read