Will 2009 go down as the year the tech IPO returned?
If you have been an investor in technology IPOs in recent months you've done well.
Starting in April, and really gathering momentum this summer, there has been a slew of tech companies that leapt through the public market window including Changyou (CYOU), Rosetta Stone (RST), OpenTable (OPEN), and most recently Emdeon (EM).
According to IPO research firm Renaissance Capital, the average overall return from the 10 tech IPOs since April has been 30% (with the biggest return, 138%, coming from online gaming company Changyou.com). Of the 21 companies that have gone public since the beginning of 2009, 10 have been tech companies. More
|Much faster Wi-Fi coming soon|
|J.D. Power ranks GM tops in quality for first time|
|Dow sinks 200 points after Fed hints at stimulus easing|
|Chinese billionaire buys 007's yacht maker|
|Fed sets road map for end of stimulus|