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First Day Pop Doesn't Spell Long-Term Success for IPOs

Recent tech IPOs have had great first days, but performance has lagged since then, says Morningstar's James Krapfel.

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Jeremy Glaser: From Morningstar, I'm Jeremy Glaser. Facebook has been dominating the IPO headlines, but how is the health of the rest of the IPO market? I am here today with IPO strategist James Krapfel to take a pulse of that market. James thanks for joining me.

James Krapfel: Thanks for having me, Jeremy.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.