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Tuesday
Sep172013

Strong Year for IPOs

With news of the Twitter IPO breaking last week, we took a look at how IPOs in general have done so far in 2013.  The Bloomberg IPO Index is made up of all companies with market caps >$50 million that have gone public over the last year.  As shown in the chart below, the IPO index is up 32.9% YTD compared to a gain of 19.4% for the S&P 500.  This represents pretty significant outperformance for IPOs in 2013.

Below is a table highlighting the 25 best performing stocks in the Bloomberg IPO Index since going public.  As shown, Solar City (SCTY) is up the most with a gain of 338%, followed by Stemline Therapeutics (STML), Trulia (TRLA), ExOne (XONE) and Marketo (MKTO).