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Recent tech IPOs

TWITTER
By · 9 Nov 2013
By ·
9 Nov 2013
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TWITTER

The popular short message network Twitter debuted on the NYSE on Thursday at $US26 a share. The stock surged 74 per cent to $US44.90, giving the company a market capitalisation of $US24 billion.

FACEBOOK

The social media group had a rocky debut after it went public at $US38 a share in May 2012. The shares fell more than half in the ensuing months, but this year recovered and the company is now valued at $US115 billion.

LINKEDIN

The social network for professionals and job-hunters has been one of the biggest tech sector stars since turning to Wall Street in 2011. LinkedIn has seen a spectacular gain in its share price, from $US45 on the first day of trading to $US211.47 on Thursday, for a market cap of $US25 billion.

GROUPON

The online deals group listed on the Nasdaq exchange in November 2011 at $US20 a share. The shares closed at $US9.50 on Thursday, for a market cap of $US6.3 billion.

YELP

The restaurant and business review website's shares have soared since it went public in March 2012 with a $US15 IPO price. They closed at $US61.83 on Thursday, for market cap of $US4.1 billion.

PANDORA

Internet radio group Pandora Media made its Wall Street debut in June 2011, at $US16 a share. Pandora traded below its offer price but has regained ground to $US26.28, for a market cap of $US4.6 billion.

ZYNGA

The online gamemaker was valued at $US7 billion when it debuted in December 2011 at $US10. Zynga closed at $US3.46 on Thursday, a market cap of $US2.78 billion.

AFP
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Frequently Asked Questions about this Article…

Twitter debuted on the NYSE at $US26 a share, and the stock surged 74% to $US44.90, giving the company a market capitalization of $US24 billion.

Twitter had a successful IPO debut on the NYSE, starting at $US26 a share and surging 74% to $US44.90, resulting in a market capitalization of $US24 billion.

Facebook went public at $US38 a share in May 2012. Initially, the shares fell more than half in the ensuing months, but they later recovered, and the company is now valued at $US115 billion.

Facebook experienced a rocky start after its IPO at $US38 a share in May 2012, with shares falling more than half in the following months. However, it eventually recovered, reaching a valuation of $US115 billion.

LinkedIn has seen a spectacular gain in its share price, from $US45 on the first day of trading to $US211.47, resulting in a market cap of $US25 billion.

LinkedIn is seen as a tech sector star due to its impressive share price growth from $US45 on its first trading day to $US211.47, giving it a market cap of $US25 billion.

Groupon listed on the Nasdaq exchange in November 2011 at $US20 a share. The shares closed at $US9.50, with a market cap of $US6.3 billion.

Groupon's stock, which debuted at $US20 a share on the Nasdaq in November 2011, closed at $US9.50, resulting in a market cap of $US6.3 billion.

Yelp went public in March 2012 with a $US15 IPO price. The shares have soared and closed at $US61.83, giving it a market cap of $US4.1 billion.

Yelp's shares have significantly increased since its March 2012 IPO at $US15, closing at $US61.83, with a market cap of $US4.1 billion.

Pandora Media debuted in June 2011 at $US16 a share. Although it traded below its offer price initially, it has regained ground to $US26.28, with a market cap of $US4.6 billion.

Pandora Media, which debuted at $US16 a share in June 2011, initially traded below its offer price but has since rebounded to $US26.28, achieving a market cap of $US4.6 billion.

Zynga was valued at $US7 billion when it debuted in December 2011 at $US10. The stock closed at $US3.46, resulting in a market cap of $US2.78 billion.

Zynga, valued at $US7 billion during its December 2011 IPO at $US10, saw its stock close at $US3.46, resulting in a market cap of $US2.78 billion.

LinkedIn and Yelp have shown significant growth since their IPOs, with LinkedIn's share price rising from $US45 to $US211.47 and Yelp's from $US15 to $US61.83.

Recent tech IPOs show varied performances, with companies like Twitter and LinkedIn experiencing significant growth, while others like Groupon and Zynga faced challenges. This highlights the importance of thorough research and understanding market dynamics before investing.