5 Best Performing IPOs Of 2017
Zacks Investment Research | Dec 29, 2017 02:40AM ET
Wall Street had a ball in 2017 with a strong and steady run for most of the year. Several milestones were achieved by the benchmarks and investors luxuriated in the surge. In fact, the S&P 500 gained not only more than 20% but also saw its best year since 2013.
The year also marked a bounce back for the U.S. IPO market courtesy of improving economic fundamentals and consumer sentiment. Successful IPOs poured in primarily from the biotech and technology sectors while the comeback of the Chinese issuers added to the bliss.
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