In January, LinkedIn filed for an IPO (Initial Public Offering ) as did Demand Media. In February Pandora – the on line radio – filed for an IPO. Last Friday, Renren, the Chinese social networking site, also filed for an IPO in the U. S. market. Just yesterday Zillow filed for an IPO for $51.75 million. Is this a sign that the economy may start to pick up this year or does it mean these large companies are selling off stock while they still can? I guess we’ll just have to wait and see!
WHAT DOES IT ALL MEAN?
economy, gold standard, money, realestate, stock market, stocks, trading, Uncategorized and tagged bonds, gold, money, stock market, stocks, trading. Bookmark the permalink.