The market for companies issuing new shares to the public was disappointing in almost every regard in 2011, snuffing out what many hoped would be a third year of recovery after 2008, when initial public offerings slowed to a trickle.
“It was a bad year,” says Francis Gaskins of IPOdesktop.com “People scattered away from IPOs.”
That was clear in:
Full story: Facebook IPO likely in 2012
Dec. 23 (Bloomberg) — Reed Phillips, co-founder of media investment bank DeSilva & Phillips LLC, talks about the prospect of an initial public offering by Facebook Inc.