The IPO window opens and battery maker A123 Systems gets set to jump through
The financial crisis has been hard on IPOs, the initial public offerings that young companies use to start tapping the public stock markets for capital.
In the six months after Lehman Brothers went into bankruptcy, a grand total of two companies managed to go public. In December 2007, before the financial market meltdown, nine companies went public in a single week alone.
Right now, though there are five companies lined up to test the market for new stock offerings: Artio Global Investors (an asset management company), Seclect Medical Holdings (a hospital operator), Vitacost.com (an online vitamin retailer), Shanda Games a Chinese online computer game company), and A123 Systems.
It’s battery maker A123 Systems that interests me the most. Read more
