While there was an uptick in the IPO market during the past couple months, it looks like things are cooling down. It seems that investors are holding off from riskier investments until next year.
Unfortunately, this is not good news for Team Health Holdings (TMH), which launched its IPO Wednesday. The company planned to issue 20 million shares at a range of $14 to $16. Instead, Team Health was only able to fetch $12 each for 13.3 million shares. The stock price was up 43 cents in morning trading.
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
The Richest Woman in the World: How Gina Rinehart Earns her Billions

