Jun 1, 2011, 11:43 am EST
In the past couple weeks, tech IPOs have suddenly become a red-hot topic. It was a big surprise that LinkedIn (Nasdaq:LNKD) doubled on its first day of trading, which gave the company a market cap of $9 billion. Then there was Yandex (NASDAQ:YNDX), which is called the” Google of Russia.” Its now valued at about $11 billion.
So what will be the next hot IPOs? There are certainly some solid prospects, which are likely to see hefty valuations.
Here’s a look: Read
May 24, 2011, 10:58 am EST
While LinkedIn’s (NYSE:LNKD) IPO surged nearly 100% on its first day of trading last week, the chances are that you didn’t get anywhere near this return. That’s because Wall Street firms allocate these shares to their best clients, which include hedge funds, institutions and super wealthy individuals.
True, you can invest in the after-market, but this can be quite dangerous – LinkedIn shares are already 28% off that first-day high. This has also been the case with other high-fliers like Renren (Nasdaq:RENN) and Boingo (Nasdaq:WIFI).
So are there other ways to get access to hot IPOs? One approach is to invest in exchange traded funds (ETFs) or mutual funds. Read
May 23, 2011, 10:29 am EST
After a long drought, investors are starting to get IPO fever. Just look at last week’s offering of social networking firm LinkedIn (NYSE:LNKD). The company priced its shares at $45, and on their first day of trading they quickly spiked to a high of $120. On Monday, they were recently off 6% to $87.50 they are trading at about $87.
LinkedIn has a market value of about $9 billion, which comes to 18 times its projected revenue of $500 million — and the price-to-earnings ratio is more than 500.
But if you think that stock is too pricey – and it certainly seems so – here are a few other high-quality companies that have gone public this year: Read
May 18, 2011, 11:13 am EST
LinkedIn (NYSE:LNKD) is expected to price its initial public offering on Thursday. All in all, it looks like the investor demand is substantial, as the company boosted the per-share price range on the deal to $42-$45 from $32-$35.
LinkedIn doubled its revenue last year – reaching $243.1 million – and the company’s even profitable. The IPO will also give investors a taste of the social-networking market — the LinkedIn website has more than 100 million registered members.
So how can you get shares in the IPO? Here’s a look at some of the options: Read
Apr 14, 2011, 11:49 am EST
Founded in 2000, Zipcar (NYSE:ZIP) is now the world’s largest car-sharing service, with more than 560,000 members (called Zipsters). Here’s how the service works: A Zipster will use the Web, iPhone or traditional phone to locate a car and use a Zipcard to unlock it. He or she will then be charged only for the time it is used. It’s an innovative model and would not be possible but for the cutting-edge technologies that have emerged over the past decade.
As a testament to its success, the company has just pulled off an IPO, Zipcar issuing 9.7 million shares late Wednesday at $18 each, which was above the $14-$16 expected range. And so far in Thursday’s trading, the stock price is up a sizzling 61%.
But perhaps the action is too frothy, or is there still value for investors? Here’s a look at the pros and cons: Read