A look at how some IPO stocks have fared


Salon Staff
April 6, 2012 1:27AM (UTC)

Facebook has filed paperwork for an initial public offering of stock. Its public debut will be the most anticipated tech IPO since Google went public in August 2004. Meanwhile, online reviews site Yelp Inc. began trading publicly last month.

Below is a look at how the stocks of some recently public companies are faring. The companies are all loosely Internet-related, though their businesses vary widely.

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Groupon's close Thursday was at a new low. It's the third consecutive day in which it has hit a new low. Groupon has been facing growing scrutiny over its business following last week's announcement that it had to revise previously reported earnings to account for a higher rate of refunds.

— Yelp Inc., developer of online games, first day of trading on March 2, 2012

Pricing: $15 per share

First-day's close: $24.58, up 64 percent from IPO price

Thursday's close: $24.17, up 61 percent from IPO price

Trading range since IPO: $19.36 to $31.96

— Zynga Inc., developer of online games, first day of trading on Dec. 16, 2011

Pricing: $10 per share

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First-day close: $9.50, down 5 percent from IPO price

Thursday's close: $11.91, up 19 percent from IPO price

Trading range since IPO: $7.97 to $15.91

— Jive Software Inc., creator of tools to run social networks for businesses, first day of trading on Dec. 13

Pricing: $12 per share

First-day close: $15.05, up 25 percent from IPO price

Thursday's close: $26.76, more than double IPO price

Trading range since IPO: $14.18 to $28.15

— Angie's List Inc., consumer-reviews site, first day of trading on Nov. 17

Pricing: $13 per share

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First-day close: $16.26, up 25 percent from IPO price

Thursday's close: $16.02, up 23 percent from IPO price

Trading range since IPO: $10.77 to $19.82

— Groupon Inc., online deals company, first day of trading on Nov. 4

Pricing: $20 per share

First-day close: $26.11, up 31 percent from IPO price

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Thursday's close: $14.18, down 29 percent from IPO price.

Trading range since IPO: $14.51 to $31.14

— Pandora Media Inc., Internet radio company, first day of trading on June 15

Pricing: $16 per share

First-day close: $17.42, up 9 percent from IPO price

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Thursday's close: $9.92, down 38 percent from IPO price

Trading range since IPO: $9.15 to $26

— LinkedIn Corp., online professional network, first day of trading on May 19

Pricing: $45 per share

First-day close: $94.25, more than double IPO price

Thursday's close: $99.25, more than double IPO price

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Trading range since IPO: $55.98 to $122.70

— Demand Media Inc., online content publisher, first day of trading on Jan. 26, 2011

Pricing: $17 per share

First-day close: $22.65, up 33 percent

Thursday's close: $6.96, down 59 percent from IPO price

Trading range since IPO: $5.24 to $27.38

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Salon Staff

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