Don’t Be Fooled By The ‘Unicorn’ Hype: Most IPOs Lose Money For Investors After 5 Years

More than 60 percent of more than 7,000 IPOs from 1975 to 2011 had negative absolute returns after five years in the secondary market, according to a UBS analysis using data from University of Florida professor Jay Ritter. Continue reading Don’t Be Fooled By The ‘Unicorn’ Hype: Most IPOs Lose Money For Investors After 5 Years