Forget Pumpkin Spice -- It's IPO Season. But Are They Worth It?
Despite their ubiquity, $5 coffees have taken a backseat to IPOs this fall as investors have lined up for a chance to buy shiny, newly-minted public companies. Fanfare aside -- do IPOs deserve a place in your portfolio, or are you better off just sticking to lattes this season? An Initial Public Offering (IPO) is when a company chooses to sell shares on the open market so that regular investors -- such as us -- can become partial owners.
