Recent tech sector IPOs



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.


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.


The social network for professionals and job-hunters has been one of the biggest stars of the technology sector 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.


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.


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.


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 capitalisation of $US4.6 billion.


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.

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles