New York (AFP) - Wall Street in 2014 enjoyed its best year for initial public offerings since 2000, thanks to the record-setting flotation of Chinese Internet giant Alibaba and a barrage of biotech deals.Activity was "uninterrupted" and proved largely immune to forces that at times rattled equity markets, Renaissance Capital said in a report this week."While various global events, such as Russia's incursion into the Ukraine and conflicts in the Middle East, caused nervousness in global markets, they largely failed to disrupt the US IPO applecart," Renaissance said.Renaissance said there were 273 stock debuts in 2014, up 23 percent from 2013.
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Luc Olinga, Business Insider
Sat, 12/20/2014 - 8:18pm
Topics: york afp wall street renaissance capital russia ukraine middle east us ipo dealogic airbnb uber raising new bob greifeld nasdaq cnbc china new york september besides alibaba citizens financial british royal bank scotland synchrony financial general electric april resiliency experts godaddy spotify while ipos fed chinese internet alibaba renaissance renaissance us ipo ipos hot year percent offerings billion growth sector companies markets largely biotech biggest proved company health report equity compared market stocks stock securities energy tech service continue pipeline global filings raised pricing
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