2017 Should Be Brighter Year For Tech IPOs
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Led by Snapchat parent Snap, 2017 is supposed to be a better year for tech IPOs than 2016. “Initial public offerings … tumbled sharply during 2016 amid uncertainty and tumult in the stock market,” The New York Times reports. “Just 105 offerings priced during the year, according to data from Renaissance Capital, down 38 percent from 2015.” Yet, “Investors are betting 2017 will be better.”
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