Are we back in the late 1990s? It almost feels like that; some of the most notable initial public offerings (IPOs) recently have come from the tech sector. According to research from IPO specialist Renaissance Capital, they account for one-quarter of the IPOs hitting the market over the past year.Private equity operator Apollo Global Management (NYSE: APO) is apparently gazing in that direction -- it's considering a fresh IPO of its cloud computing management company Rackspace.Continue reading
Similar Stories to Will Rackspace 2.0 Be The Next Big Tech Ipo? on Bing News
newsfeedback@fool.com (Eric Volkman), The Motley Fool
Thu, 04/19/2018 - 9:11am
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