With money flowing into stocks, hospitals feeling stress accessing bond market
Have we reached an inflection point? That does not seem likely, as October was one of the most active months for IPOs since 2007. Most recently, we had the Twitter initial public offering (IPO), which minted 1,600 millionaires and generated $485 million and $1.72 billion in state and federal taxes. The IPO, which priced Twitter shares at $26 and closed at $44.90 for a 73 percent increase, valued the company at $31.7 billion.
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