A Look Back At Largest IPOs
A quick review of the 25 largest US IPOs ever shows how badly Facebook (NASDAQ: FB) has done in early trading. Most of the company’s on the list have tremendous revenue, traditional business plans which they have been able to freshen,…
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Among these are Visa (NYSE: V), UPS (NYSE: UPS), GM (NYSE: GM), MetLife (NYSE: MET), and Prudential Financial (NYSE: PRU) The thing that stands out most about the list is how few tech companies it has.
Google (NASDAQ: GOOG) is on the list, of course. But, most of the companies are financial ones, or firms that are manufacturing based. (Data from CapitalIQ)
Douglas A. McIntyre
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