Investors shouldn't mistake the positive reaction to the Yandex IPO for a turnaround in what has...

|By:, SA News Editor

Investors shouldn't mistake the positive reaction to the Yandex IPO for a turnaround in what has been mediocre at best success for Russian offerings. While Yandex is benefiting from good timing, overpricing of this year's other IPOs has caused more failures than successful placements.