Those were fighting words. After posting our Q&A, I received a flood of emails from readers and interested parties criticizing Cutler's comments and chastising me for presenting a one-sided interview.
Then today, I received an email from Daniel Hom, a data analyst at Tableau Software. Hom said my post inspired him to look at this year's IPOs and compare their performance across exchanges. His findings? The NYSE does win in many areas, but the average IPO that lists on the NYSE does not.
Looking at the number of IPOs, amount raised and market capitalization, the Big Board looks like it dominates. But the average company that lists on the NASDAQ performs better. Click here or on the graphic below to interact with the data and compare exchange performance based on number of IPOs, amount raised, market cap, stock performance and across different industries. It is worthy of note that the NYSE IPOs do outperform the NASDAQ's in tech. See for yourself.
- market capitalization
- Big Board
- fighting words