Drumroll please!
The numbers are in for this year’s best-performing U.S. initial public offerings, with one big surprise: None of the top 10 IPOs was one of the social networking darlings that fueled so much speculation about whether we were seeing yet another tech bubble this past year.
Cyber-security provider Imperva took first place, followed by vitamin retailer GNC. From fertilizer-maker CVR Partners to crude oil refiner Tesoro Logistics, the rankings included a wide range of stocks, but the tech offerings that got the most attention this year were barely represented.
Perhaps 2012 will ring in a chance for the sector to nab a top rank as Facebook, the mothership of Web 2.0, plans its hot debut for late in the new year.
—Julie.Cohn@thedaily.com
The numbers are in for this year’s best-performing U.S. initial public offerings, with one big surprise: None of the top 10 IPOs was one of the social networking darlings that fueled so much speculation about whether we were seeing yet another tech bubble this past year.
Cyber-security provider Imperva took first place, followed by vitamin retailer GNC. From fertilizer-maker CVR Partners to crude oil refiner Tesoro Logistics, the rankings included a wide range of stocks, but the tech offerings that got the most attention this year were barely represented.
Perhaps 2012 will ring in a chance for the sector to nab a top rank as Facebook, the mothership of Web 2.0, plans its hot debut for late in the new year.
—Julie.Cohn@thedaily.com
