10 August IPOs That Have Slipped Under the Radar

To pull off a successful initial public offering (IPO), bankers need to drum up lots of interest. That's bad news for companies that went public last month. Many investors and traders tend to take time off in August, and demand for IPOs can be quite weak. Of the 10 IPOs in August, only three are basking in the after-market glow. (MakeMyTrip (NASDAQ: MMYT) has soared, as it is seen as the Priceline.com (Nasdaq: PCLN) of India). The other seven are treading water or are already underwater. But these laggards may be the beneficiary of "the quiet period game." This game was used to great effect in the 1990s, and has still been somewhat effective in recent years. Here's how it works: Analysts that work at the company's underwriters are refrained from speaking or writing about that banking client for 25 business days. Once that period ends, a…