Tel Aviv-based website builder Wix successfully debuted on the Nasdaq today, raising $127 million by selling 7.7 million shares at $16.50 each, the top end of its intended pricing range. The stock popped briefly above $17.50 before settling back down $16.46.
Chinese travel booking service Qunar went public on the NASDAQ today and its shares nearly doubled during the first day of trading.
The New York Stock Exchange (NYSE) is preparing its infrastructure for Twitter’s IPO, expecting a rush of interest from investors.
We’re entering an unusually busy week in IPO-land, with no fewer than 13 initial public offerings planned in the U.S.
A year ago today, CEO Mark Zuckerberg “rang the bell” to open trading in one of the most hotly-anticipated initial public offerings in history as Facebook hit the stock market. And promptly went splat.
SolarCity’s stock soars on its first day of trading, after a last minute share price cut.
You can expect to see another security company on the market tomorrow. Cloud security company Qualys will debut on the NASDAQ Friday under the ticket symbol QYLS.
The NASDAQ has reached levels not seen since 2000 at the tail end of dot-com bubble. And tech has had a lot to do with it.
Facebook’s stock on the Nasdaq exchange dropped by about 9.6 percent in regular trading Tuesday, a steep drop from its original IPO price of $38 a share.
The all-computer run NASDAQ could be to blame for a lack of a Facebook stock pop Friday, when the social network started its first day of trading. Orders flooded in for the stock, but overwhelmed computers and glitches slowed trading down because stock orders couldn’t be processed, leaving investors wonder if their orders had gone through. If Facebook had gone with the New York Stock exchange, where there are redundant backup systems, it might have been a different story.
Social games company Zynga’s stock ended its second day of trading on the Nasdaq exchange down nearly 5 percent, a signal of turbulent times ahead for the value of the company.
Zynga’s stock price rose as high as 15 percent in early trading on Nasdaq as the company went public at $10 a share.
Zynga chief executive Mark Pincus rang the opening bell — in a virtual way, from Zynga’s headquarters in San Francisco — as trading began for Zynga’s initial public offering today.
Groupon’s first technology product Groupon Now appears to be a stinking dud, according to data released on Sunday. The Groupon Now mobile app chalking up some very dour numbers, according to a new report compiled by Yipit, an industry performance tracker. The app has generated approximately $2.6 million in gross sales nationwide in the six months since its launch in May of 2011.
Social gaming giant Zynga has decided to list its shares on the tech-heavy NASDAQ stock exchange, according to a recent filing with the securities and exchange commission.
Technology stocks on Thursday fell sharply and have remained down in mid-day trading as the entire market shuddered on poor economic news.
Better-than-expected fourth quarter fiscal earnings help pump up Cisco’s share price on Thursday and — along with a promising jobs report — helped bolster the entire market during a wild roller-coaster week. The Nasdaq ended the day up 4.7 percent while the S&P 500 closed ahead by 4.6 percent.
Update: As of 7:51 am PST, the Dow is down 2.62 percent and the Nasdaq is own 3.31 percent.
Guest Post Chinese internet company Xunlei Limited last week announced the postponement of its initial public offering and Nasdaq listing, citing adverse stock market conditions. The company had intended to raise up to $140 million to expand what many regard as a haven for copyright infringement that would be illegal if operated inside the United States.
Could this be the end of an era?
Car-sharing service Zipcar has priced its initial public offering between $14 and $16 per share as it inches closer to finally going public on the NASDAQ stock market under the ticker “ZIP”, according to a recent filing with the Securities and Exchange Commission.
Hackers have penetrated the computer network of the Nasdaq Stock Market during the past year, according to a story in the Wall Street Journal. Federal investigators are trying to figure out who did it and why.
Apple, one of the world’s largest consumer-electronics manufacturers, is edging closer to stealing the title of largest company on the U.S. stock market from one of the world’s largest oil companies.