Demand Soars for Real Estate-Related IPOs
UncategorizedAccording to eToro Opinioni, more investors are betting on housing’s recovery in the stock market. A U.S. housing recovery is bringing about high returns for investors in the stock market, and prompting more housing-related companies to jump in. Boise Cascade, a maker of plywood and other building materials, lauched its initial public offering (IPO) on Wednesday and jumped 25 percent in its debut. It raised $247.1 million in its IPO — more than the company had expected. Homebuilder TRI Pointe rose 12 percent when it went public on Jan. 31 […]