Posted on: October 6, 2011 by Steve Bills
I admit it; I’m a stock market junkie and have been for years. Just watching the feverline move (and MarketWatch has a nice one that continuously updates), you can feel the adrenaline in the market, up or down.
It has been an exciting time lately, too. Since the start of July, there have been at least a dozen days when the Dow Jones Industrial Average moved by more than 400 points intraday. Not surprisingly, the most volatile days—including two when the day’s range was more than 600 points—were during that crazy …
Posted on: August 24, 2011 by Joanna Glasner
Normally, four venture-backed companies filing to go public in a single day would seem newsworthy enough to warrant a few posts on business and tech sites. Wednesday, however, with Steve Jobs just stepping down as CEO of the most valuable technology company on Earth, the planned IPOs of Jive Software, Brightcove, Eloqua and Genomatica took [...]
Posted on: August 20, 2011 by Reuters News
(Reuters) – The latter part of the third quarter is shaping up to be a weak period for U.S. initial public offerings. Market panic has scared many companies into postponing their IPOs, and lingering economic and political uncertainty raises the possibility that deals may not be revived at all this quarter. “Given the current environment, [...]
Posted on: August 11, 2011 by Lawrence J. Aragon
It turned out Tuesday was just a brief respite. On Wednesday Today we were back in the the business of a market sell-off. Besides the public companies that got a haircut, the tumultuous market also dashed the hopes of six of the 12 companies on the docket to go public this week. Then, Thursday, the market surged back, with the Dow up nearly 4 percent.
On Tuesday, three companies postponed their offerings, including 3-D motion-sensing company InvenSense Inc, a VC-backed company that hoped to raise $99.8 million.
On Wednesday, another three companies postponed, including two VC-backed startups: employee benefit program provider WageWorks, which held off on a $49 million IPO, and medical services provider WhiteGlove, which tabled
Posted on: August 11, 2011 by Joanna Glasner
For venture-backed companies in registration to go public, August is not shaping up as a promising month. While it remains to be seen whether the worst of the market downturn is behind us or ahead, the debt ceiling imbroglio and S&P downgrade of U.S. debt have already had a chilling effect on IPOs. Three venture-backed [...]
Posted on: August 9, 2011 by Lawrence J. Aragon
A day after getting beaten down with the rest of the market, three-fourths of this year’s VC-backed IPOs posted gains in today’s market rebound.
Of the 38 VC-backed companies that have gone public on U.S. exchanges this year, 28 saw their share prices increase today, while nine experienced declines and one remained flat, according to data from Thomson Reuters (publisher of peHUB). That stands in stark contrast to yesterday, when 36 of the stocks lost value and two remained flat.
The biggest gainers in terms of dollars were LinkedIn (NYSE: LNKD), which shot up