Subscribe free to our newsletters via your
. Military Space News .




SPACE TRAVEL
A look at recent tech sector IPOs
by Staff Writers
New York, United States (AFP) Nov 04, 2013


Here is a look at notable tech companies that have conducted initial public offerings over the past two years ahead of Twitter's IPO:

FACEBOOK

The social network started by Mark Zuckerberg, which now has more than 1.1 billion users around the globe, had a rocky debut after it went public at $38 a share in May 2012, raising $16 billion in the biggest tech IPO on record.

Facebook shares fell by more than half in the ensuing months, but this year recovered to hit record highers, bolstered by strong gains in mobile ad revenues. The stock closed Friday at $49.75 giving the leading social network a market value of some $121 billion.

LINKEDIN

The social network for professionals and job-hunters, LinkedIn has been one of the biggest stars of the technology sector since turning to Wall Street in May 2011.

LinkedIn raised $353 million in its IPO, and has seen a spectacular gain in its share price, from $45 on the first day of trading to $219.90 on Friday. The market value is around $24.6 billion.

GROUPON

Online daily deals sensation Groupon went public in November 2011, raising $700 million in what at the time was the biggest initial public offering by an Internet company since Google.

But the Chicago-based company, which was listed on the Nasdaq at $20, has struggled since then and its share price closed at $9.93 on Friday. Founder Andrew Mason was fired as chief executive of the company in February amid sluggish growth. The market capitalization is some $6.6 billion.

YELP

Shares of restaurant and business review website Yelp have soared since the San Francisco-based company went public in March 2012 with a $15 initial public offering price, raising $115 million.

Yelp shares closed at $67.15 on the New York Stock Exchange on Friday, representing a market capitalization of $4.38 billion.

PANDORA

Internet radio giant Pandora Media made its Wall Street debut in June 2011, raising $235 million with stock priced at $16 a share.

Pandora, which creates personalized radio stations for users based upon their favorite artists or songs, traded below its offer price until recently but has regained ground to $25.99 on Friday, equating to a market value of $4.59 billion.

ZYNGA

Online gamemaker Zynga was valued at $7 billion when it made its play on the stock market in December 2011, raising $1 billion from investors.

But the company behind Facebook games such as FarmVille and Mafia Wars has been on a losing streak since then. Zynga shares, which were offered at $10, closed at $3.58 on Friday. Its market value is $2.88 billion.

bur-rl/rcw

FACEBOOK

LINKEDIN CORPORATION

GROUPON

ZYNGA

.


Related Links
Space Tourism, Space Transport and Space Exploration News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








SPACE TRAVEL
NASA Engages the Public to Discover New Uses for Out-of-this-World Technologies
Washington DC (SPX) Oct 28, 2013
The technologies NASA develops don't just blast off into space. They also improve our lives here on Earth. Life-saving search-and-rescue tools, implantable medical devices, advances in commercial aircraft safety and efficiency, increased accuracy in weather forecasting, even the miniature cameras in our cell phones. For over fifty years, NASA has transferred its cutting-edge aerospace tech ... read more


SPACE TRAVEL
Romania begins work on NATO missile shield base

Upgrades boost ballistic missile defense radar's performance to protect against missile raid

NATO, Russia make no progress on missile defence row

MEADS Tracks Tactical Ballistic Missile for First Time

SPACE TRAVEL
Turkey, US hold talks on China missile deal

Standard Missile-3 IIA completes Critical Design Review

Outside View: NATO needs to talk Turkey

Lockheed Martin Conducts Third Successful Flight Test of New GMLRS Warhead

SPACE TRAVEL
Pakistani family recounts drone terror in visit to US

AeroVironment, Eurocopter eye cooperation

AeroVironment and Eurocopter to Evaluate Potential Joint Ventures

AeroVironment Unveils Four-Ounce Pocket DDL

SPACE TRAVEL
Latest AEHF Comms Payload Gets Boost From Customized Integrated Circuits

Northrop Grumman Cobham Intercoms Receives First Order For AN VIC-5 Enhanced Vehicular Comms

Raytheon produces new US Army satellite communications terminals ahead of schedule

Lockheed Martin To Continue In Theater Support for Real-Time Surveillance

SPACE TRAVEL
Northrop Grumman Demonstrates Micro-Gyro Prototype for DARPA Program

US Army, Raytheon complete AI3 live-fire demonstration

Raytheon test fires enhanced Marine Corps anti-tank weapon system

Raytheon BBN Technologies extends Boomerang shooter detection technology to helicopters

SPACE TRAVEL
Egypt looks to Russia for arms after U.S. cutoff

Israeli companies vie for $1B artillery upgrade contracts

North Africa, led by Algeria, seen as emerging arms market

BAE, hit by defense cuts, pins hopes on Mideast jet sales

SPACE TRAVEL
S. Korea's Park says no point in Japan summit

Kerry lands in Poland to talk trade, defence

Brazil spied on US, Russia, Iran, Iraq: media

Japan, Russia hold first diplomatic-defence talks

SPACE TRAVEL
Scientists untangle nanotubes to release their potential in the electronics industry

Nano-Cone Textures Generate Extremely "Robust" Water-Repellent Surfaces

Newly discovered mechanism propels micromotors

Densest array of carbon nanotubes grown to date




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement