As Twitter goes public, a look at recent notable tech IPOs

Advertisement
By Agence France-Presse | Updated: 13 September 2013 10:15 IST
Twitter, which announced plans on Thursday to go public, is the latest US technology company to test the waters on Wall Street.

Here is a look at the fortunes of some other notable tech companies which have conducted initial public offerings over the past two years:

Facebook
The social network started by Mark Zuckerberg, which now has more than 1.1 billion users around the globe, had a rocky debut after it went public at $38 a share in May 2012 with a valuation of $16 billion.

Facebook shares fell below $20 over the past year and only climbed back over their offer price in July. Facebook shares closed at $44.75 on Thursday, boosted recently by reports that mobile advertising revenue is on the rise.

Advertisement

LinkedIn
The social network for professionals and job-hunters, LinkedIn has been one of the biggest stars of the technology sector since turning to Wall Street in May 2011.

Advertisement

Shares of LinkedIn more than doubled from their offer price of $45 on the first day of trading. LinkedIn, launched in 2003, closed at $249.70 on Thursday.

Groupon
Online daily deals sensation Groupon went public in November 2011, raising $700 million in what at the time was the biggest initial public offering by an Internet company since Google.

Advertisement

But the Chicago-based company, which was listed on the Nasdaq at $20, has struggled since then and its share price closed at $11.76 on Thursday. Founder Andrew Mason was fired as chief executive of the company in February amid sluggish growth.

Yelp
Shares of restaurant and business review website Yelp have soared since the San Francisco-based company went public in March 2012 with a $15 initial public offering price.

Advertisement

Yelp shares closed at $63.77 on the New York Stock Exchange on Thursday. Yelp, founded in 2004, offers user-generated reviews of service businesses by city across the United States, Canada and western Europe.

Pandora
Internet radio Pandora made its Wall Street debut in June 2011, raising $235 million with stock priced at $16 a share.

Pandora, which creates personalized radio stations for users based upon their favorite artists or songs, traded below its offer price until recently but closed at $23.97 on Thursday. Pandora named a new chief executive on Wednesday, sending its stock price up 12 percent for the day.

Zynga
Online gamemaker Zynga was valued at $7 billion when it made its play on the stock market in December 2011.

But the company behind Facebook games such as FarmVille and Mafia Wars has been on a losing streak since then. Zynga shares, which were offered at $10, closed at $3.02 on Thursday.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Facebook, LinkedIn, Pandora, Twitter, Zynga
Advertisement

Related Stories

Popular Mobile Brands
  1. Vivo Y31 Series With 6,500mAh Battery Launched in India: See Price
  2. Samsung Begins Rolling Out One UI 8 Update to the Galaxy S25 Series
  3. Flipkart Big Billion Days Sale: Discounts on Motorola Phones Announced
  4. iOS 26 Update Brings These New Features to AirPods Pro 3, Pro 2, AirPods 4
  5. Samsung Galaxy S25 FE With 50-Megapixel Camera Launched in India: See Price
  6. Check What's New for Your iPhone in Apple's Latest iOS 26 Update
  7. Vivo V60e 5G Design, Price Leaked; May Use Same Chip as Vivo V50e
  8. iQOO 15 Live Image Leaked; Company Reveals Display Details
  9. Oppo F31 Pro+ 5G Review
  10. GTA 6 Will Be the 'Largest Game Launch in History', Says Rockstar Games
  1. Clair Obscur: Expedition 33 Has Sold 4.4 Million Copies in Less Than Six Months of Launch
  2. Materialists Now Streaming on Netflix: What You Need to Know About Dakota Johnson’s Starrer Movie
  3. The Trial Season 2 OTT Release Date: When and Where to Watch Kajol’s Legal Drama Series Online
  4. Ghaati OTT Release Reportedly Revealed Online: When and Where to Watch Anushka Shetty-Starrer Movie Online?
  5. American Express Launches NFT Passport Stamps to Commemorate Travel Memories
  6. Huawei Watch GT 6, GT 6 Pro Price, Specifications Leak Ahead of September 19 Launch: Report
  7. iPhone 17 Pro Max in Cosmic Orange Colourway Reportedly Out of Stock in the US, India
  8. Samsung Galaxy Tab A11, Galaxy Tab A11+ Leaked Renders Hint at Design, Specifications
  9. Apple Adds New and Upgraded Apple Intelligence Features for iPhone, iPad and Mac Devices
  10. MediaTek Dimensity 9500 Launch Date Announced; Company Designs Its First Chip Using TSMC’s 2nm Process
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.