Just how long can the IPO window stay open?

When Wall Street folks mention the “IPO window” most people understand that to mean a period of time when public investors are receptive to buying shares in newly public companies. What many people don’t appreciate, however, is how abruptly that window can fly open or slam shut.

Online radio Pandora claims valuation of $1.3B

Online radio station Pandora has priced its shares between $7 and $9 in its upcoming initial public offering on the New York Stock Exchange (NYSE) — giving the cloud music company a valuation of nearly $1.3 billion, according to an updated S-1 filing with the Securities and Exchange Commission.