| Abstract | This study shows the development and results of the 2017 IPO market during higher than average stock prices. Analysis of 147 IPOs from 2017 were used to obtain the results from the stock market. The SPY index was also used as a benchmark for IPO results. After performing several analyses on IPOs and the abnormal returns they produced, the IPOs obtained higher than average returns of around 31%, but still were not significantly different from zero, with healthcare and technology sectors obtaining the greatest returns. |
