Therese Poletti’s Tech Tales: IPO boom has opened the window for some scary companies

A stunning number of companies are trying to jump through the current hot market for initial public offerings, but investors would be wise to watch for rats hoping to sneak in amid the torrent.

We are in the middle of annual Fourth of July lull in the IPO market, with only one offering pricing last week and none expected this week, and the break is welcome. According to Renaissance Capital, more companies went public in the second quarter of 2018 than any quarter in the last three years, with 60 IPOs raising $13.1 billion, and quarterly proceeds exceeded every quarter from 2015 through 2017.

>>> Original Source <<<