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According to IPO investment firm Renaissance Capital, 40 companies have been priced in the United States in 2014 and have raised a total of $7.2 billion. Eight of the 10 IPOs on this list raised at least that much in a single deal.
While tech IPOs often receive the most hype, this list features companies from numerous industries, including telecommunications, automotive, and food.
Here are the biggest IPOs to ever be listed in the United States and the financial information behind them…
The 10 Biggest IPOs Ever
Visa Inc. (NYSE: V) made its public debut on March 18, 2008, and raised $17.9 billion, making it the largest U.S. IPO of all time. Shares were priced at $44 at the time of the IPO. The lead underwriters on the IPO were JPMorgan Chase & Co. (NYSE: JPM) and Goldman Sachs (NYSE: GS), but the deal required an additional 17 underwriters. In its first month of trading, V stock climbed 22%. Investors who have held the stock since its IPO are sitting on a gain of 250% today.
ENEL SpA is no longer listed in the United States, but on Nov. 11, 1999, the company listed on the New York Stock Exchange (NYSE). The Italian power company raised $16.5 billion in its initial public offering. The stock was removed from the NYSE due to low trading volumes in 2007. The head underwriter on the deal was Merrill Lynch.
Facebook Inc. (Nasdaq: FB) raised more than $16 billion in its initial public offering on May 17, 2012. The social media IPO created huge buzz, but the stock stumbled out of the gate. After three months of trading, the stock had fallen nearly 53%. Despite the early hiccup, FB stock has posted a return of nearly 90% since its public debut. The stock was initially priced at $38 per share.