The Corporate Law Group

IPO’s

The performance of some recent tech IPO’s is illustrated in the table below.  Zynga is in better shape than we thought; LinkedIn a little less so.  Poor Pandora (which we love) apparently increased users substantially but hasn’t yet found an effective way to monetize and is being hammered today. 

Issuer IPO
Date
Price
At IPO
Mid-Day Price
March 7, 2012
% Change
LinkedIn 2011-05-19 83.00 85.49 +  3.00%
Pandora 2011-06-15 20.00 10.98 – 45.10%
Groupon 2011-11-24 28.00 17.72 – 36.71%
Zynga 2011-12-16 11.00 13.71 + 24.64%

 
Paul Marotta

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