First Trust IPO ETF: Back from the Doldrums?

Tom Lydon submits:

After a year in the doldrums, the IPO market is making a comeback, with new multi-million dollar deals hitting the scene. As with almost anything else, there’s an ETF for that (FPX).

The IPO market has kicked into high gear recently, with deals ranging from $90 million to more than $600 million covering everything from technology companies to coal producers, writes Debra Borchardt for TheStreet.


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