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Follow on Google News | Hamilton Equity: Ready for the most anticipated IPO of the year!?Facebook is the most anticipated tech IPO of the year, the billion dollar question is will it do as well as Google which went public in August 2004 or will it end up face down?
By: admin@hamiltonequity.com Look at how the stocks of some recently public companies are faring. The companies are all loosely Internet-related, though their businesses vary widely. Zynga Inc., online games developer. First day of trading on Dec. 16, 2011 $10 per share First-day close: $9.50, down 5 percent from IPO price. Wednesday May 2nd close: $8.96, down 10 percent from IPO price. Trading range since IPO: $7.97 to $15.91 Groupon Inc., online deals company. First day of trading on Nov. 4 $20 per share First-day close: $26.11, up 31 percent from IPO price. Wednesday May 2nd close: $10.58, down 47 percent from IPO price. Trading range since IPO: $10.56 to $31.14 LinkedIn Corp., professional online network. First day of trading on May 19 $45 per share First-day close: $94.25, more than double IPO price. Wednesday May 2nd close: $106.40, more than double IPO price. Trading range since IPO: $55.98 to $122.70 Pandora Media Inc., Internet radio broadcasting company. First day of trading on June 15 $16 per share First-day close: $17.42, up 9 percent from IPO price. Wednesday May 2nd close: $8.73, down 45 percent from IPO price. Trading range since IPO: $7.83 to $26 We are interested in hearing your opinion, email us: admin@hamiltonequity.com. End
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