Colorado's DigitalGlobe among 12 IPOs in Q2 - Denver Business Journal:

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But the 8 perceny decline isn't as drastic as it was in the firsrt quarter, which saw an 83 percent year-over-year The 12 companies that filed duringv the quarterraised $1.6 billion through their IPOs, considerabl lower than the $4.2 billion raised in the secondd quarter of 2008. Longmont-based satellit imagery companyDigitalGlobe (NYSE: DGI) was among those that went public last quarter. The stock on the New York Stoc k Exchange and closed the dayat $21.5 per share. The stockj opened at $18.45 a share DigitalGlobe is thefirst Denver-area compan y to go public since fertilizer-maker Intrepid Potash IPI) had its IPO in April 2008. Othed U.S.
companies that wen public last quartefrinclude Austin, Texas-based , Va.-based Rosetta Stone Inc. and San Francisco-based . So far this year 14 companiez havegone public, raising $2.3 That's down 90 percent from the 25 IPOs that raisedc $23.1 billion a year before (Visa's firstg quarter 2008 IPO represented $17.9 billion alone). “qA handful of seemingly successful deals does not equal a turnarounfd in theIPO market. For a real turnaround, we’ed need to see many more companies filing togo public,” said Tim Walker, Hoover’a industry expert .
“There are some signes of life onthe horizon, however, from a few IPO hopefuls within the mortgage and banking industries. In Q2 threre companies from this sector filed togo public, looking to raisw what in these times woule quantify as large amounts – more than $500 milliomn each.”