Simpson Thacher in the News
Go Back
Dan Webb Quoted in Law360 on IPO Market Recovery
10.05.16
This is only gets display when printing
Corporate Partner Dan Webb was quoted in an article in Law360, which discusses the rebound in the IPO market during September as 16 companies went public, making it the busiest month so far this year. One of the industries to regain momentum is the technology industry. Experts indicate that the prolonged absence has caused these companies to approach investors with a conservative pricing strategy, which has been met with increased demand for their stocks and unusually strong trading debuts. Dan points out that this inconsistency “reflects the difficulty at this stage in the market in assessing investors’ appetite since they haven’t shown much appetite in recent months for taking on much risk.”