Nasdaq Hits Record High as Tech Earnings Beat Muted Expectations
Software multiples expanded for the third consecutive quarter, pulling private comparables with them.
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MARKETSAnalysis
The Quiet Return of the Tech IPO
Six companies filed publicly in July. Bankers say the real test comes in September.
MARKETSAnalysis
Why Late-Stage Valuations Stopped Falling
Structure, not sentiment, explains most of the apparent recovery.
