U.S. IPO market bounces back with large first-day gains

[riky]

U.S. IPO market bounces back with large first-day gains

<p><a href="http://news.yahoo.com/u-ipo-market-bounces-back-large-first-day-182751605--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/6e5n3w1imYsUanzV0am.VA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-04T182751Z_1_CBREA331FAN00_RTROPTP_2_GRUBHUB-IPO.JPG" width="130" height="86" alt="GrubHub CEO Matt Maloney applauds after ringing the opening bell before the company's IPO on the floor of the New York Stock Exchange in New York" align="left" title="GrubHub CEO Matt Maloney applauds after ringing the opening bell before the company's IPO on the floor of the New York Stock Exchange in New York" border="0" /></a>Strong debuts of four new listings on Friday put a shine back on the IPO market after a wobbly debut last week by &quot;Candy Crush Saga&quot; maker King Digital Entertainment Plc brought a bustling market back to earth. Online food delivery service GrubHub Inc saw its shares soar as much as 57 percent in one of the biggest first-day jumps so far this year. Shares in Healthcare IT company IMS health , software maker Five9 Inc and energy software company Opower Inc also jumped well above their offer prices. &quot;The King offering was so oversubscribed and failed miserably but there is certainly a lot of appetite for new issues which goes to show that the IPO market is not deal specific,&quot; said Jack Ablin, chief investment officer at BMO Private Bank.</p><br clear="all"/>

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