Busy week for IPOs as nine new stocks set to debut

November 15th, 2011

Diane Alter – AHN News Reporter

New York, NY, United States (AHN) – The IPO market in the United States is set to have its busiest week for initial public offerings in more than a year. The last time the IPO calendar was so active was in December 2010.

Nine IPOs are on tap for this week. Garnering the most attention and hype is the consumer-reviewing website Angie’s List.

Angie’s List is scheduled to debut Thursday on the NASDAQ under the symbol ANGI. The company’s $114 million capital raising comes just two weeks after the successful initial public offering from Internet deal site Groupon.

Delphi Automotive PLC is also scheduled to begin trading on Thursday on the New York Stock Exchange. Delphi’s $578 million offering comes from a reorganized version of the auto parts maker that emerged from bankruptcy in 2009.

Bedding retailer Mattress Firm Holding Corp., investment manager Manning & Napier Inc., biopharmaceutical company Clovis Oncology, motion-processing technology company IvenSense Inc., and Hollywood special effects firm Digital Domain Media Group all plan offerings during the week.

Article © AHN – All Rights Reserved

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