IPOs Struggling, but IPO ETF Endures
March 04, 2015 at 08:00 AM EST
Chinese e-commerce giant Alibaba (NYSE: BABA) hit an all-time low Tuesday and the stock’s 21.5% decline this year epitomizes the struggles of a broad swath of newly public companies. On Monday, Bespoke Investment Group posted a glance of the Bloomberg IPO Index, which due to being a cap-weighted...