After starting the year on a high note, economic worries and uncertainty over the current earnings season have caused volatility to return to the stock market. As a result, the market for initial public offerings (IPOs) remains tepid. And recent performance statistics place overall IPO returns in negative territory so far in 2010. Despite the tough IPO market, there are still a number of stocks that have done quite well. Below is an overview of the most popular and best performing IPOs during the… Read More
After starting the year on a high note, economic worries and uncertainty over the current earnings season have caused volatility to return to the stock market. As a result, the market for initial public offerings (IPOs) remains tepid. And recent performance statistics place overall IPO returns in negative territory so far in 2010. Despite the tough IPO market, there are still a number of stocks that have done quite well. Below is an overview of the most popular and best performing IPOs during the past year. Better yet, they still have plenty of room to run as the business cycle heats up and each firm has the ability to expand its market reach significantly after raising funds from their recent offerings. Tesla Motors Inc (Nasdaq: TSLA) Business: Auto Manufacturing Trailing 12-month Revenue: $111.9 Million Tesla’s IPO was one of the more widely covered and popular IPOs of the year. The firm is still tiny by many measures, including revenue just over $100 million during the past year and a market capitalization of… Read More