(CNBC) The IPO market is off to an exceptionally strong start, after a two-month hiatus around the government shutdown.According to Renaissance Capital, 42 IPOs have priced this year. The average first-day pop has been 22%, well above the average of 13% to 15%. The above-average performance extends beyond the first day of trading. About 62% of recent initial public offerings are still trading above their IPO price.
The IPO market started strong and could soon take off
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