May 18, 2011, 11:13 am EDT
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 EDT
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
Mar 30, 2011, 10:54 am EDT
The 2011 IPO of Qihoo comes straight from the playbook of the dot-com 1990s. Qihoo 360 (NYSE: QIHU), which is a Chinese provider of antivirus software, originally set the price range of its deal at $10.50 to $12.50. Then Qihoo increased it to $13.50 to $14.50. With demand at 40 times the amount being raised, the final price of the QIHU stock IPO came to $14.50.
Well, QIHU investors thought that price still too low. So far in today’s trading, the shares of Qihoo 360 are trading at $29. With 175 million shares outstanding, the market value of the company is a whopping $5 billion overnight.
Why all the excitement? Well, Qihoo 360 is the #3 Internet company in China, with a user base of 339 million. That’s an 85.8% penetration rate. Read