Back in May, we did a post showing the daily and monthly number of IPO filings going back to 1996 in response to an increased number of filings that month.
Recently, however, IPOs have made a u-turn. Now we are hearing about the large number of withdrawals (most recently GoDaddy).
The chart below shows the monthly number of IPO filings and withdrawals going back to 1998. As shown, the recent monthly figures pale in comparison to the large spikes we saw in '99, '00, and '01, and are even less than we saw in early '04. One thing to take from this chart is that a large number a filings tend to precede a large number of withdrawals.