Banks Earn $650M In Fees And Stock Gains From Ipo Flurry

by cnbc.com posted 4weeks ago 15 views
A massive week for IPOs delivered hefty fees to Goldman Sachs, Morgan Stanley and other Wall street investment banks. : From Krispy Kreme to China's Didi Chuxing, the busiest week for U.S. IPOs in 17 years produced a windfall for Wall Street's top investment banks. A cybersecurity company, drug developers and a Turkish e-commerce platform were all in on the action. At least 14 companies raised $100 million or more in offerings on the Nasdaq and New York Stock Exchange, the most active stretch for debuts since 2004.

In this article

No tags related to this article.