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Cyclical consumer ventures like Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLS) and fast-casual eatery chain Noodles & Co. (Nasdaq: NDLS) have locked and loaded on about $4 billion in U.S. IPOs in 2013, Bloomberg News reports. At that pace, companies "going public" would raise the most this year since at least 1999, the financial-news service says.
A new survey by global consulting firm PwC shows that IPOs soared in this year's second quarter. The April-to-June period saw 62 IPOs - an increase of 88% from the year-ago period.
Those new second-quarter stocks raised a total of $13.1 billion, up 111% from the same period in 2012, PwC said. Those statistics take out the huge impact of Facebook Inc. (Nasdaq: FB), which raised $16 billion when it went public in May 2012.
Welcome to the white-hot IPO market.
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