June has been a big month for companies going public. If things keep up, as many as 36 companies will have launched IPOs this month, says Renaissance Capital, a Greenwich, Conn.-based manager of IPO ETFs.
That’s the busiest month for IPOs since August 2000, when 66 companies went public. August 2000, you might remember, is when the Internet-fueled tech stock bubble was on the verge of a Hindenburg-like end.
Also read: China’s Xiaomi Scales Down IPO