Technology IPOs face skittishness as market momentum slips
Goodbye, momentum. Technology companies had a relatively easy time marketing initial public offerings while stock markets were steadily rising: The Nasdaq 100 Index rose 33 percent to a 14-year high in the year through early March. For Sabre Corp., Weibo Corp., Leju Holdings Ltd. and Paycom Software Inc. — pitching to raise $1.63 billion — the timing is less ideal.
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